Mamdani Vs. Millionaires: A Tax Move That Could Reshape New York's Elite [Yahoo! Finance]
Gannett Co., Inc. (GCI)
Last gannett co., inc. earnings: 11/4 06:55 am
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Source: Yahoo! Finance
to raise taxes on the city's highest earners by pushing for a two-percentage-point tax increase on income above $1 million. His incoming administration says this tax move could raise billions a year . He then plans to redirect that revenue into programs the city has struggled to fund for years, including free bus service and major affordable housing initiatives . That projection wouldn't pan out, of course, if millionaires leave the city to avoid the tax. Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.81/Share Before Nov. 20 An EA Co-Founder Shapes This VC Backed Marketplace— Now You Can Invest in Gaming's Next Big Platform Will the Wealthy Stay? "Tax policies just really don't drive relocation decisions," Kamolika Das , local policy director at the Institute on Taxation and Economic Policy, told USA Today . "They've been claiming this for a long time, and there's just very scant evidence to support it." Her point cu
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News
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GCI
Sec Filings
- 11/18/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 11/14/25 - Form SCHEDULE
- GCI's page on the SEC website