Politics & Government
More Than Half Of New Yorkers Want NYC Millionaires Tax: New Poll
A new Siena Poll was conducted from Feb. 23 to 26, among 805 registered voters.
NEW YORK CITY — More than half of New Yorkers support raising taxes on city residents making over $1 million, according to a new Siena Poll.
Fifty-four percent of voters said they would support the governor and state legislature letting the city increase personal income taxes on millionaires.
The personal income tax hike on millionaire has turned into a main objective for Mayor Zohran Mamdani as he looks to fill a roughly $5 billion budget deficit.
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Governor Kathy Hochul has previously said that she is opposed to raising taxes on the wealthiest New Yorkers.
According to the poll, only 29 percent of voters were against Mamdani's proposal.
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Among city voters, the support for the proposal is higher compared to statewide.
Sixty-two percent of voters said the state should approve the tax hike. Among Democrats the support is even higher with 72 percent.
“As we enter budget month for the state, neither Hochul nor either house of the Legislature has indicated public support for Mamdani’s request to allow New York City to raise personal income taxes on City residents earning at least $1 million," Siena pollster Steven Greenberg said.
The proposal comes as Hochul seeks reelection against Nassau County Executive Bruce Blakeman later this year.
According to the poll, Hochul’s favorability rating statewide is 46 percent — a slight decrease from 49 in January.
Blakeman has a 21 percent favorability rating — a small increase from 18 percent in a previous poll.
Among voters in the suburbs, there is mixed support for the tax hike proposal. In the downstate region, 50 percent of voters are supportive while upstate stands at 48 percent.
Mamdani has said he would be forced to raise city property taxes if his proposal does not go through.
You can read the full poll analysis here.
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