NEW YORK — Democratic socialist Zohran Mamdani has catapulted into second place in this year’s New York City mayoral race by promising free buses, no-cost childcare and city-run grocery stores.
He’ll have a tough time paying the tab.
To fund his vision, the state legislator wants to conjure up $10 billion in new revenue through higher taxes on businesses and wealthy New Yorkers. But beneath the sheen of that populist platform is a morass of necessary state approvals that threaten his plans coming to fruition.
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