Today's Video Headlines: 3/30/2026
The democratic socialist proposed slashing New York’s estate tax exemption from $7.35 million to $750,000, while tripling the top rate to a 50%, to help plug a projected $5.4 billion city budget deficit.
“Mamdani and Hochul have launched a direct attack on every middle-class family in New York who wants to pass their home on to their children,” Blakeman said.Republican gubernatorial candidate Bruce Blakeman holding a press conference outside of New York City Hall on March 30, 2026 on Mayor Mamdani’s inheritance tax proposal.Because average home values in New York City now exceed $800,000, Mamdani’s recommended estate tax overhaul would hit middle-class families and small business owners for the first time.Hochul’s ‘ominous’ poll results give GOP challenger Bruce Blakeman a potential path to victoryAmerican Dream shared by every black, brown and white family that has worked a lifetime to own a home,” Blakeman said. “When I’m governor, we will stop this disastrous policy, protect your home, and if needed, we will take the fight to the courts and win.” Any increase in the estate tax — which critics call the death tax — would require approval from Hochul and the Democratic-run state Legislature.Mamdani has proposed cutting New York’s estate tax exemption from $7.35 million to $750,000 while tripling the top rate to 50%.Blakeman proposed a package that would exempt middle class homeowners, small business owners and farm operators from the Mamdani estate tax plan. The Blakeman plan would exempt primary residences, small businesses, and family-owned farms from estate tax calculations to keep families in their homes and align New York with federal estate tax policy.He also calls for a voter-backed state constitutional amendment protecting private property rights from “Mamdani’s attacks to seize control of homes” and better state auditing of state spending to root out waste.— the Republican candidates for attorney general and comptroller respectively — also slammed the recommended estate tax hikes. They were set to join Blakeman at a City Hall press conference Monday to discuss their opposition.Blakeman announced his own proposal that would exempt middle class homeowners, small business owners and farmers from Mamdani’s estate tax plan.“Every family hopes to achieve the American Dream: to work hard, own something of their own, and pass it on to their children. This tax punishes that dream,” Komatireddy, a former federal prosecutor, said. “As attorney general, I will stand up for New York’s families and will do everything in my power to defend the property rights of New Yorkers.” Hernandez added: “New Yorkers don’t have a revenue problem—they have a spending problem in Albany under Kathy Hochul. This tax hike is being driven by reckless fiscal mismanagement and an addiction to spending. “As comptroller, I will expose the waste being used to justify this raid on middle-class families and fight to protect New Yorkers’ homes, savings, and legacy.”Delta flight's engine explodes in heart-stopping video — forcing packed plane to make emergency landingTrump puts Iran on notice, reveals to The Post his one-week ultimatum for new speaker after Tehran's attack on Israeli oil refineryPentagon preparing for weeks of ground operations in Iran — as Trump warned regime to ‘get serious’ about peace deal: reportSydney Sweeney’s spray tan artist is ‘obsessed’ with this self-tanner — and it’s on sale‘SNL UK’ Ep. 2 roasts ex-Prince Andrew again, Jamie Dornan rapsHe killed her, then disappeared: The $250K reward for a decade-old murder | Forgotten Fugitives Republican gubernatorial candidate Bruce Blakeman holding a press conference outside of New York City Hall on March 30, 2026 on Mayor Mamdani's inheritance tax proposal.Mamdani has proposed cutting New York's estate tax exemption from $7.35 million to $750,000 while tripling the top rate to 50%.Blakeman announced his own proposal that would exempt middle class homeowners, small business owners and farmers from Mamdani's estate tax plan. Stream It Or Skip It: 'Jo Nesbø's Detective Hole' On Netflix, Where A Troubled Detective Tracks Down A Serial Killer Who Is Terrorizing Oslo
US News Bruce Blakeman Kathy Hochul NY Governor Election 2026 Taxes Zohran Mamdani
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