The incoming head of New York City’s premier business group said it would be “absolute suicide” for Gov. Kathy Hochul and the state legislature to enact Mayor-elect Zohran’s proposed corporate tax hikes.

“This proposal is absolute suicide for NYC and an absolute dream for NJ,” said Steven Fulop, the Jersey City mayor who will become the CEO of the Partnership for The City of New York next year.

“Speaking as both a NJ mayor and the incoming CEO of the Partnership for NYC: I can’t think of an easier narrative to torch supporters of this idea (both politically and governmentally). Even if believe companies won’t move, what remains 100% indisputable is they certainly won’t create a single new jobs in NYC,” Fulop said.

Incoming NYC Mayor Zohran Mamdani’s tax plans have business owners soun

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