Finance
Mamdani Pushes to Shrink NY Hedge-Fund, Private-Equity Tax Break
New York City Mayor Zohran Mamdani is delaying the city’s $127 billion budget as he pressures the state to limit a tax credit used by hedge funds, private equity firms and other businesses.
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Bloomberg
April 28, 2026·1 min read
Image: Bloomberg
New York City Mayor Zohran Mamdani is delaying the city’s $127 billion budget as he pressures the state to limit a tax credit used by hedge funds, private equity firms and other businesses.
Original article
Mamdani Pushes to Shrink NY Hedge-Fund, Private-Equity Tax Break
Published by Bloomberg