US EditionZohran Mamdani's Proposals for NYC Build Off City's Progressive Foundation: Experts
Mamdani’s plan includes $5 billion from corporate tax hikes and $4 billion from income tax on millionaires to fund childcare, rent freeze, and affordable housing expansion.
- With Election Day on November 4, Zohran Mamdani, the Democratic candidate, proposes expanding universal childcare, free buses, a rent freeze for rent-stabilized units, and a pilot of city-run grocery stores.
- Affordability has surged as an issue after pandemic-era inflation, with a 5BORO Institute report finding more than 80% of families cannot afford day care and one in four New Yorkers living in poverty earlier this year.
- The plan's financing rests on proposed tax increases that would fund $6 billion in childcare, $60 million annually for a five city-run supermarkets pilot, and free buses under $800 million, while the NYC Comptroller's Office says childcare expansion would add $900 million in labor income.
- Approval and legal pathways will matter as opponents mobilise; both tax changes and the program require state legislature and New York City Council approval, facing pushback from building owners, Bill Ackman, and John Catsimatidis.
- Mamdani's housing targets would add 1.5 million units over the next 10 years, with a rent freeze covering one million units, supported by 50,000 volunteers knocking over 1.5 million doors before Election Day November 4.
22 Articles
22 Articles
Breaking down Zohran Mamdani's proposals by the numbers: What has he planned and how much will it cost
Zohran Mamdani, the Democratic candidate, is leading the NYC mayoral race with plans centered around affordability.Angelina Katsanis/REUTERSZohran Mamdani is leading the NYC mayoral race with plans centered on affordability.Mamdani plans to make childcare and buses free, freeze rent, and pilot city-owned grocery stores.Mamdani's proposals would be funded by tax hikes on corporations and wealthy residents.The frontrunner of the New York City mayo…
Victor Davis Hanson: There’s No Going Back If NYC Elects Zohran Mamdani
The Democrat candidate has expressed ideas that go far beyond traditional liberal politics, echoing principles more commonly associated with communist ideology. Victor Davis Hanson breaks down how New York’s shifting demographics and political culture have created the ideal conditions for Mamdani’s rise—and also how his mayoral reign could permanently alter the city’s future—on today’s episode of “Victor Davis Hanson: In a Few Words.” “Can he b…
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Zohran Mamdani’s proposals for NYC build off city’s progressive foundation: Experts
(NEW YORK) — As New York City voters head to the polls to decide the next mayor, the Democratic frontrunner and his policy proposals have been thrust into the national spotlight. State Assemblyman Zohran Mamdani has faced attacks by his opponents, critics, Republicans, and even […]
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