Incoming NYC business group head torches Mamdani’s proposed corporate tax hike: ‘Absolute suicide’

Source: New York Post

The incoming head of New York City’s premier business group said it would be “absolute suicide” for Gov. Kathy Hochul and the state legislature to enact Mayor-elect Zohran’s proposed corporate tax hikes. “This proposal is absolute suicide for NYC and an absolute dream for NJ,” said Steven Fulop, the Jersey City mayor who will become the CEO of the Partnership for The City of New York next year.