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Governor Kathy Hochul’s proposal to maintain state income tax on tips in New York has sparked debate, contrasting with former President Donald Trump’s initiative for tax breaks. This decision, impacting the local economy, raises questions for residents across New York City regarding state taxes. It’s a key discussion point, especially with figures like Zohran Mamdani in the headlines.
Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in an attempt to mirror what I do. Investments may decline in value and/or disappear entirely. Please be careful!
