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Mamdani Pushes to Shrink NY Hedge-Fund, Private-Equity Tax Break
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Mamdani Pushes to Shrink NY Hedge-Fund, Private-Equity Tax Break

Bloomberg Markets · Apr 28, 2026, 4:02 PM

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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