Mamdani’s Budget ‘Ultimatum’: State-led 2% tax on millionaires or city-mandated 9.5% property tax hike

Democratic socialist New York City Mayor Zohran Mamdani proposed a 9.5% increase in the city's property tax rate as a "last resort" to help close a projected $5.4 billion budget gap over the next two years — if Albany refuses to approve new taxes on wealthy residents and profitable corporations.

Trump eulogizes Reverend Jesse Jackson amid his passing at 84: ‘A good man, with lots of personality’

President Donald Trump posted a tribute on Truth Social honoring the late Reverend Jesse Jackson, the renowned civil rights leader who passed away on Tuesday at age 84. In the message, Trump described him as “a good man, with lots of personality, grit, and ‘street smarts.’”

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