NYC Mayor Zohran Mamdani’s First Interview Goes Off the Rails: Tax Plans & Political Reality

In this explosive first interview as NYC’s new mayor, Zohran Mamdani faced tough questions from George Stephanopoulos about his plans to “Trump-proof” New York City. Mamdani’s bold proposal to raise taxes on the top 1% and increase corporate taxes from 7.25% to 11.5% quickly made headlines — but the plan hits a major obstacle. With NYC unable to raise income taxes without state approval and Governor Hochul’s opposition to hiking taxes on the wealthy, Mamdani’s ambitious tax-and-spend strategy may be doomed before it even begins.

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