Everyone wants to ‘tax the rich.’ In New York City, it’s getting complicated

NEW YORK (AP) — Across the U.S., calls to “tax the rich” have become potent political slogans. But even in Mayor Zohran Mamdani’s New York, getting the wealthy to pay more isn’t playing out as smoothly as supporters hoped. What seemed at first like an easy idea — slapping a new tax on people who ow...

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