How Mamdani’s tax-hike mania could make his budget gap grow BIGGER - Diina New York - Your Intuitive Insights to New York's Local Pulse

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Author name: John Ketcham

How Mamdani’s tax-hike mania could make his budget gap grow BIGGER

date Feb 22, 2026

new york city has a big spending problem, but not a revenue problem. but warning signs are already flashing. the taxes on its stellar bonuses made $5 billion of the city’s budget gap disappear overnipping overnead.

Source: nypost.com

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