NYC Mayors Tax Ultimatum: Wealth Levy or Property Hike
#NYCBudget #TaxPolicyNYC Mayor Zohran Mamdani proposes two budget options: a wealth tax requiring Governor Hochul's approval or a 9.5% property tax increase. The threat pressures Hochul, who opposes tax hikes, amid a rising city deficit. read more
"Trump and Harris advocate for tax-free tips, pitfalls considered"
#TaxPolicy #USPoliticsTrump and Harris support no tax on tips, aiming to benefit service industry workers. Potential challenges include complexity, selective benefits, and possible shift to tip-based pay models. Harris's proposal seeks to address these issues with legislation and income limits. read more