NYC Democratic Socialist Mayoral Candidate Faces Fiscal and Controversy Challenges

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Source: Politico
NYC Democratic Socialist Mayoral Candidate Faces Fiscal and Controversy Challenges
Photo: Politico
TL;DR Summary

Zohran Mamdani, a Democratic socialist running for NYC mayor, has proposed ambitious social programs funded by significant tax hikes on the wealthy and corporations, but faces major hurdles including state approval, budget underestimations, and opposition from the governor and business interests, raising questions about the feasibility of his plans.

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