Summary
A recent poll shows that most New York City voters support a "millionaire's tax," a central policy for Mayor Zohran Mamdani. This tax would increase taxes on wealthy individuals to fund public services, but it requires approval from Governor Kathy Hochul. The poll indicates significant backing among those with lower incomes, but support is less strong among higher-income voters.
Key Facts
- The millionaire's tax is a key policy for Mayor Zohran Mamdani.
- A poll found 65% of New York City voters support this tax, with 20% against it.
- Among voters earning less than $150,000 a year, 68% support the tax.
- Among voters earning more than $150,000, support is 56%.
- The tax aims to fund services like rental assistance and shelter operations.
- Governor Kathy Hochul's approval is needed for the tax to be enacted.
- The idea of taxing the wealthy is gaining attention in various states and on a federal level with proposals like the Ultra-Millionaire Tax Act.
- Massachusetts has already implemented a similar tax on high-income earners.
