Mamdani wants to raise NY's corporate tax. Why are Long Island Republicans and business groups worried?

Nassau Republican lawmakers on Monday publicly denounced a plan set forth by New York City Mayor-elect Zohran Mamdani to ...

Incoming NYC business group head torches Mamdani’s proposed corporate tax hike: ‘Absolute suicide’

The incoming head of New York City’s premier business group said it would be “absolute suicide” for Gov. Kathy Hochul and the ...
Marketplace

How do corporate tax rate changes affect the economy?

Corporate tax policy is front and center in this election. If elected president, Vice President Kamala Harris says she would raise the corporate tax rate from 21% to 28%, while former President Donald ...
Long Island Business News

Leaders push against proposed corporate tax hike in NYS

Long Island officials and business leaders push back against a proposed corporate tax hike to 11.5%, saying the plan under ...

NY Governor weighs corporate tax hike to help fund Mamdani plans

(Bloomberg) --New York Governor Kathy Hochul is considering raising corporate taxes as part of broader efforts to close a ...

Potential GOP challenger warns Hochul that a corporate tax hike would be a 'disaster' for New York's economy

Nassau County Executive Bruce Blakeman slammed Gov. Kathy Hochul's potential corporate tax increase, warning it would be a ...

Mayor tries to save head tax, but business leaders warn of adverse effects

Chicago Mayor Brandon Johnson embarked on a blitz Thursday to save the corporate head tax proposal in his 2026 budget plan, ...

Mayor Brandon Johnson's corporate head tax plan fails to clear first big hurdle

The Chicago City Council’s Finance Committee voted down Mayor Brandon Johnson’s revenue plan for the city budget Monday.

People who are self-employed could become exempt from paying a Philly business tax | City Council roundup

Also this week, Council considered measures to make water bills cheaper and to ban the city from incinerating its trash.