Corporate tax hike ($1.75B/year)

NYC corporate-tax-hike proposal generating $1.75B/year. Pure Albany-dependent. PTET-75% rollback (related revenue play) KILLED by Hochul Apr 28: "It's not happening." Final May 12 Hochul-Mamdani deal kept the pied-à-terre tax but PTET-credit rollback was NOT in the framework. Corporate tax hike not in FY27 Executive Budget, not in $268B state framework, not in the Hochul-Mamdani aid deal. Wall Street exodus narrative (Citadel, Vornado, Apollo) hardened the political ceiling further. Trump entered the chat May 12-13 on WABC ("cherish billionaires"). Promise BROKEN for FY27. State session not over — could re-emerge for FY28.