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Mamdani proposes wealth tax to close NYC’s deficit: Here’s who it affects
['Adeja Shivonne']
Latest & Breaking News on Fox News on WNYW
The Brief New York City Mayor Zohran Mamdani is calling for a wealth tax on the city’s richest residents.
The mayor blamed the shortfall on decisions made by former Mayor Eric Adams and former Gov.
New York City Mayor Zohran Mamdani is calling for a wealth tax on the city’s richest residents.
Zohran Mamdani, mayor of New York, center, speaks during a news conference during a winter storm in New York, US, on Monday, Jan. 26, 2026.
The mayor blamed the shortfall on decisions made by former Mayor Eric Adams and former Gov.