Mamdani backs down from property tax hike
May 13, 2026
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1:36Now PlayingMamdani backs down from property tax hike
YouTube Description
as posted by the channelNew York City Mayor Zohran Mamdani has ditched a nearly 10% property tax hike in his budget proposal, a “last resort plan” to balance the city’s budget gap. The New York City Council will vote on the budget by the end of June. CNN’s Katherine Koretski breaks down Mamdani’s tax measurements. #cnn #news #newyorkcity
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