New York City's new mayor, Zohran Mamdani, has vowed to implement ambitious programs funded by taxing the wealthy, including free childcare and city-run grocery stores. He revoked former Mayor Adams' executive orders, including the IHRA definition of antisemitism. Mamdani's plans, estimated to cost $10 billion, require legislative support from Governor Kathy Hochul and face potential opposition from wealthy individuals and corporations. He believes taxing the rich is necessary to address the city's cost-of-living crisis.