All Promises
BrokenBudgetUpdated Apr 29, 2026

PTET credit reduction (75%, ~$1B)

Apr 28 Mamdani-Menin asked Albany to cut PTET credit from 100% to 75% for ~$1B NYC revenue from $1M+ filers. Hochul flatly rejected within hours: "It's not happening." Sharpest Mamdani-Hochul split to date.

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