NY CORPORATE TAXES COULD RISE as Gov. Kathy Hochul considers an increase as part of broader efforts to close a potential budget shortfall and help fund some of Zohran Mamdani ’s agenda as New York City mayor.
- Hochul is weighing additional levies to help fund universal child care, one of Mamdani’s core priorities, according to a person with knowledge of the matter. The governor is also weighing several other potential revenue sources, said the person.
- Mamdani campaigned on raising taxes on corporations and the wealthy to help pay for his agenda, although most tax policy is determined by state lawmakers ...