As Mamdani Focuses on Child Care, Plan to Tax the Rich Is Put Aside
The New York Times • • nation
Key Points:
- Governor Kathy Hochul faced vocal opposition from Zohran Mamdani supporters last fall, who chanted “tax the rich” during her speech, highlighting a key campaign promise of Mamdani’s mayoral bid.
- Mamdani successfully campaigned on taxing New Yorkers earning over $1 million to fund universal child care, a proposal that Hochul, a political moderate, has not fully embraced.
- Despite this, Hochul has committed nearly $1 billion from existing revenue this year and an additional $425 million next year to expand child care in New York City, a move Mamdani has publicly supported.
- Mamdani’s willingness to back Hochul’s more pragmatic approach suggests a shift from his outsider campaign stance toward a more
