Mayor Zohran Mamdani was pressed Wednesday about his now very public disagreement with Gov. Kathy Hochul over taxes.<\/p>\n
Despite opposition from Hochul, Mamdani told reporters during a press briefing he still believes \u201cnow is the time to increase taxes on the most profitable corporations that do business in New York and the wealthiest residents that call the city home.\u201d<\/p>\n
What You Need To Know<\/p>\n
Mayor Zohran Mamdani renewed his call for higher taxes on the highest earners in the state Wednesday, claiming the city needs that funding<\/p>\n
Gov. Kathy Hochul said Tuesday she does not plan to raise taxes\u00a0
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Mamdani also announced new rules prohibiting hotel operators in the city from charging so-called \u201cjunk fees,\u201d as well as unexpected credit card holds<\/p>\n
The city says DCWP received over 300 complaints from consumers related to hidden hotel fees or unexpected holds in 2025<\/p>\n
Taxing the rich to pay for universal childcare was a signature campaign issue for Mamdani, however those tax hikes would have to be approved by state lawmakers.<\/p>\n
During her budget address Tuesday, Hochul rebuffed the idea of taxing the rich, saying the state can pay for an expansion of childcare in New York City without raising taxes.<\/p>\n
Hochul and Mamdani both appear to be standing firm setting of what could be a tough series of negotiations.<\/p>\n
In the coming weeks Mamdani will send representatives from his administration to Albany to fight for more city funding in the state budget. Mamdani said he believes part of the reason why the state is solid financially is because of the city\u2019s tax base.<\/p>\n
During Mamdani\u2019s briefing Wednesday, he and Department of Consumer and Worker Protection Commissioner Sam Levine announced new rules prohibiting hotel operators in New York City from charging so-called \u201cjunk fees,\u201d often labeled as a \u201cresort fee\u201d or \u201cdestination fee,\u201d as well as unexpected credit card holds.<\/p>\n
\u201cThis new rule will ensure that New Yorkers and visitors alike are not stuck paying hidden hotel fees, and will instead save millions of dollars each year,\u201d Mamdani said.<\/p>\n
The city says DCWP received over 300 complaints from consumers related to hidden hotel fees or unexpected holds in 2025.<\/p>\n
Some\u00a0economists have estimated\u00a0that banning these fees will save consumers more than $46 million this year.<\/p>\n
The final rules go into effect on Feb. 21.<\/p>\n","protected":false},"excerpt":{"rendered":"Mayor Zohran Mamdani was pressed Wednesday about his now very public disagreement with Gov. Kathy Hochul over taxes.…\n","protected":false},"author":2,"featured_media":108041,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[109,116,3407,9,24,55,54,12,56,112,87,380,4281,27,200],"class_list":["post-108066","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-app-local-state-politics","tag-app-ny-state-of-politics","tag-ayana-harry","tag-new-york","tag-new-york-city","tag-new-york-city-headlines","tag-new-york-city-news","tag-news","tag-ny","tag-ny-state-of-politics","tag-politics","tag-spectrum-news-staff","tag-state-budget","tag-top-stories","tag-vod"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/108066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=108066"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/108066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/108041"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=108066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=108066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=108066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}