Andrew Cuomo critiques a high-stakes political showdown between New York City’s leadership and the state government over a looming budget dispute. He alleges that the mayor is using a fabricated fiscal crisis to pressure Governor Hochul into choosing between two damaging options: increasing taxes on the wealthy or implementing a devastating 9% property tax hike. The text argues that such a property tax increase would be economically ruinous, crushing the middle class and driving up costs for renters across the city’s boroughs.
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