Zohran Mamdani proposes sweeping property tax hike that could hit millions of New York City homeowners after promising to target only billionaires

[»] Jump to Summary... New Yorkers are reeling after Mayor Zohran Mamdani, widely seen as a progressive champion, revealed plans to increase property taxes across the city. The announcement comes as a shock to many homeowners, particularly because Mamdani campaigned on a promise to focus only on the wealthiest residents. Just months into his term,

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