New York City Mayor Zohran Mamdani has lots of ideas - virtually all of which require extracting more money from taxpayers, as socialists tend to do. At present, NYC is looking at a $12.6 billion budget gap, in what Mamdani recognized as the largest deficit since the 2008 recession. 🚨 BREAKING: Mayor Zohran Mamdani Says New York City is Facing a “Fiscal Crisis at the Scale of the Great Recession”“That means looking inward into savings and efficiencies. "I don’t believe in raising taxes for the sake of raising taxes," Hochul told Bloomberg, adding "We have enough revenues to do what we want to do and what we need to do to support our state. "We must raise taxes on the wealthiest few in New York City so that we can invest in the many," said Mamdani.