Washington state also recently passed a millionaires' tax, while New York City Mayor Zohran Mamdani wants to add a 2% tax on residents who earn over $1 million.
—
Aimee Picchi,
CBS News,
26 Mar. 2026
Instead of finding further savings opportunities or implementing cuts, the administration had focused on lobbying the state to implement options like raising income taxes for millionaires and hiking corporate tax rates.
—
Josephine Stratman,
New York Daily News,
25 Mar. 2026
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