Mamdani pushes $1 billion PTET tax change, Hochul says not happening
She already caved on his other dumb proposal to increase taxes on second homes. Wealth is already streaming out of the state. I guess she is trying to prevent a stampede, but I don’t think it will change the ultimate outcome. NYC Mayor Mamdani’s latest pitch to tax the rich “not happening,” Gov. Kathy Hochul …