Mamdani’s proposed property tax increase faces swift political pushback
Mamdani’s proposed property tax increase faces swift political pushback
- February 17, 2026
- Jan Brueckner, economics, Straight Arrow News, MSN, Feb. 17, 2026
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New York City Mayor Zohran Mamdani is proposing property tax hikes unless the state levies a wealth tax on the city’s richest residents. The proposal is part of the mayor’s first preliminary budget. … Jan Brueckner, professor of economics emeritus at the University of California, Irvine said, “I took a look at New York’s property tax rules,” Brueckner said. “They’re certainly complicated, quite amazing, really. So as far as raising the property tax, well, that goes against Mamdani’s goals to foster housing affordability.”
For the full story, please visit https://san.com/cc/mamdanis-proposed-property-tax-increase-faces-swift-political-pushback/.
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