Mamdani Softens Millionaire Tax Hike Push After Hochul Backs Child Care Plan
The governor is pledging billions for child care, but a sizable city budget shortfall could mean a future effort to get Albany to boost income and corporate tax rates.
Mayor Zohran Mamdani, joined by Senator Bernie Sanders, speaks during a New York State Nurses Association picket line at New York City on January 20, 2026. Ryan Murphy/AP
