In New York City, property taxes are back in the headlines. Mayor Zohran Mamdani has floated the idea of raising them—by roughly 10%—as part of this year’s budget.Mamdani says it’s a last resort, claiming that if Albany won’t raise taxes on millionaires, the city may have to raise them on property instead.Here's why the proposed hike has raised eyebrows across the country, not just in New York City: https://t.co/dApsfwxc8f📸: Kyle Mazza/Anadolu via Getty Images ...

.@SteveForbesCEO breaks down NYC Mayor Zohran Mamdani's proposed budget and threat to raise property taxes if New York State doesn't hike taxes on the rich—and reveals Mamdani's attempt to lurch the Big Apple into an irreversible socialist decline. #WhatsAhead https://t.co/YEDPwzu3sp ...

From @WSJopinion: Zohran Mamdani’s first big move is threatening to raise property taxes unless Democrats in Albany raise taxes on top earners and business. What an ultimatum: Fleece the rich for him, or he’ll fleece them and the middle class.https://t.co/VBEDVnPVDc ...

RT Wendy O (@CryptoWendyO)Raising property taxes is never the answer.Raising taxes and not balancing the budget is never the answer.It always comes back to the middle class to bear the cost. ...

Mayor Zohran Mamdani proposed raising New York City property taxes by nearly 10%, having failed so far to persuade New York Gov. Kathy Hochul to increase taxes on corporations and the wealthy. 🔗 https://t.co/1rxKIYlYzd https://t.co/B5QQ9CO3E3 ...

Raising property taxes is never the answer.Raising taxes and not balancing the budget is never the answer.It always comes back to the middle class to bear the cost.Polymarket (@Polymarket):JUST IN: "We are forced to raid the rainy day fund, the retiree health benefits trust reserve, and to increase property taxes" — NYC Mayor Mamdani https://t.co/LenWB0zCNl ...

Instead of raising taxes could they also not just spend less?Polymarket (@Polymarket):JUST IN: "We are forced to raid the rainy day fund, the retiree health benefits trust reserve, and to increase property taxes" — NYC Mayor Mamdani https://t.co/LenWB0zCNl ...

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New York City Mayor Zohran Mamdani proposed raising property taxes by nearly 10% on Tuesday, after failing so far to persuade New York Gov. Kathy Hochul to increase taxes on corporations and the rich. https://t.co/e7Waje7Hvl ...

New York City Mayor Zohran Mamdani is proposing raising New York City’s property taxes for the first time in more than two decades and is looking to raid the city’s reserve funds to fill a roughly $5 billion budget gap. https://t.co/dQFuUXAjcJ ...