Nassau County leaders speak out against proposed corporate tax hike

Nassau County Executive Bruce Blakeman spearheaded a press conference with Republican officials and business leaders in Mineola on Monday, Nov. 17, to speak out against a corporate tax hike reportedly being considered by Gov. Kathy Hochul, which is supported by New York City Mayor-Elect Zohran Mamdani.

Bloomberg first reported that. Hochul is mulling raising corporate taxes as part of broader efforts to close a potential budget shortfall and help fund some of Mamdani’s affordability agenda as New York City mayor, citing a person with knowledge of the matter.