Hochul admits socialist Mamdani’s ‘tax the rich’ plan would hurt NY’s middle class: ‘I cannot do that’
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
A plan to tax the rich in New York has been proposed, with some reports suggesting it could involve increasing property taxes. However, the specifics of the plan are unclear, with conflicting reports on whether it would raise property taxes or rely on other forms of taxation. The potential impact on the middle class and the wealthy is also being debated, with some critics expressing concern about the plan's effects.
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