Mamdani’s plan would make NYC the most tax-hostile place in US to do business

New York PostTuesday, November 18, 2025 at 11:46:22 PM
NegativeU.S News
Mamdani’s plan would make NYC the most tax-hostile place in US to do business
  • Zohran Mamdani's plan to raise income taxes for high earners in New York City has drawn attention, with supporters advocating for wealth redistribution while opponents fear it may deter business investment. This proposal is part of Mamdani's broader agenda as the incoming mayor.
  • The implications of this tax increase are significant, as it could reshape the economic landscape of NYC, potentially leading to a migration of wealthy individuals and businesses seeking more favorable tax environments.
  • The ongoing discourse around Mamdani's policies highlights a growing divide in urban governance, where progressive taxation is pitted against concerns of economic viability, reflecting a national conversation on how cities manage wealth and public services.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Zohran Mamdani directs ‘economic justice’ deputy to slash small business fines, with little details revealed
NeutralU.S News
Deputy Mayor Julie Su has been tasked by Mayor Zohran Mamdani to lead an initiative aimed at reducing excessive fees and regulations affecting small businesses in New York City, with recommendations expected within the year.
Missing football coach Travis Turner’s tiny school district had 3 other teachers accused of child sex crimes: ‘It’s a culture’
NegativeU.S News
The disappearance of football coach Travis Turner has raised serious concerns within his small school district, which has seen three other teachers accused of child sex crimes, prompting parents to question the institutional culture.
What to know as New York City nurses strike for a 3rd day
NeutralU.S News
New York City nurses are currently on strike for a third consecutive day, with both the nurses and hospital management appearing to brace for a prolonged standoff. The strike has emerged amidst ongoing tensions regarding working conditions and staffing levels in the city's healthcare facilities.
Former New York City Mayor Eric Adams’s NYC Token Plummets After $1 Million Drawdown
NegativeU.S News
Former New York City Mayor Eric Adams's cryptocurrency, known as the NYC Token, experienced a significant drop following a $1 million withdrawal shortly after its launch, with one of its creators withdrawing $2.5 million and later replacing $1.5 million.
Thousands of New York City Nurses Go On Strike
PositiveU.S News
Thousands of nurses in New York City have gone on strike, demanding improved benefits and better hospital staffing standards amid ongoing challenges in the healthcare sector. The strike highlights the urgent need for reform in working conditions as healthcare workers face increasing pressures.
Massive Nurses Strike Erupts Across New York City Hospital Systems
NegativeU.S News
A massive strike by nurses has erupted across New York City hospital systems, coinciding with a severe flu season, which may lead to patient transfers, canceled procedures, and diverted ambulances.

Ready to build your own newsroom?

Subscribe to unlock a personalised feed, podcasts, newsletters, and notifications tailored to the topics you actually care about