Zohran Mamdani’s tax hike crusade is already hurting NYC economy, business leader warns

Source: New York Post

The leader of the city’s top business advocacy group warned Sunday that Mayor Zohran Mamdani’s tax-hike crusade is already scaring away investors. Steve Fulop, CEO of the Partnership for the City of New York, said the democratic socialist mayor’s push to increase taxes to fund his freebie-filled agenda is pushing the “very, very fragile” Big Apple economy to the brink. Mamdani, who took office in January, is threatening to hike city property taxes by almost 10% unless Gov.