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NY Dems pushing to raise corporate tax rate to bail out Mamdani’s massive deficit: ‘There’s a huge appetite’

Mamdani
New York Post Fews App News Provider
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New York state Democratic lawmakers are pushing to raise the corporate tax rate on businesses to help bail out Mayor Zohran Mamdani, who is facing a projected $5. 4 billion deficit in the city budget, sources told The Post. “There’s a huge appetite to increase the corporate tax,” said a source who recently met with both state Assembly Speaker Heastie (D-Bronx) and Senate Majority Leader Andrew Stewart-Cousins (D-Yonkers).

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