New Yorkers Face Likely Tax Hikes (Video)

Oct. 17, 2025, 5:52 PM UTC

Source: Bloomberg, 00:02:11

Tax hikes may be coming for New Yorkers anyway regardless of who leads City Hall. Several lawmakers say higher taxes are inevitable as the New York braces for billions in federal cuts to health and food aid. Bloomberg’s Martin Braun discussed the story on “Bloomberg Markets” with Scarlet Fu.

To contact the editor responsible for this story:
Kevin Cordoba-Llanos at kcordoballan@bloomberg.net

© 2025 Bloomberg L.P. All rights reserved. Used with permission.

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.