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Mamdani wants to tax the rich His push for higher taxes puts gov Can he persuade state leaders

Incoming nyc mayor zohran mamdani is a democratic socialist who wants higher taxes on the rich Kathy hochul (d) said on monday that she does not intend to increase taxes following a recent rally for new york city mayoral candidate zohran mamdani where chants of “tax the r… Would it really spur wealthy people to leave the city?

One of new york city mayoral nominee zohran mamdani’s campaign promises has been to increase taxes on the wealthy and use that revenue to fund the ambitious social programs that make up his campaign platform.

Indeed, many options have been put on the table, ranging from new taxes on capital income and higher income tax rates to a global wealth tax.

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