Higher Taxes Are the Last Thing New York City Needs
The city doesn’t have a revenue problem. It has a spending problem.
/
Economy, Finance, and Budgets, States and Cities, Politics and Law
February 03, 2026
/ Share
Donate
City Journal is a publication of the Manhattan Institute for Policy Research (MI), a leading free-market think tank. Are you interested in supporting the magazine? As a 501(c)(3) nonprofit, donations in support of MI and City Journal are fully tax-deductible as provided by law (EIN #13-2912529).