An illustration of Bernie Sanders alongside a top hat full of cash

The proposal was seen as a possible measure of how residents felt about the recent flood of money into the city as a result of the A.I. boom.

Blue-tinted New York Stock Exchange in the background, AI company logos, and a yellow-tinted picture of Bernie Sanders in the foreground

U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus.

The world’s third-largest exporter of natural gas, Australia has been too lenient in taxing lucrative gas exports, many in the country argue.

Illustration of Mayor Zohran Mamdani in front of a brownstone and an upward trending red arrow