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NYTIMES (Emma G. Fitzsimmons and Asmaa Elkeurti) - Do Higher Taxes Drive the Rich Away? Mamdani’s Plan Revives the Question.

Mayor Zohran Mamdani wants to raise income taxes on New York City’s millionaires. Tax increases elsewhere have not led to an exodus, but some worry the city is reaching a tipping point.

NYTIMES (Mihir Zaveri and Benjamin Oreskes) - Can a Second-Home Tax Work in New York? The Numbers Don’t Add Up Yet.

The tax proposal is being held up as a generational attempt to make the ultrawealthy pay more to society and potentially raise $500 million a year for New York City.

NYTIMES (Greg Jaffe) - Hegseth’s and Moulton’s Parallel Lives Collide Over Iran

The defense secretary and Representative Seth Moulton, a Democrat, debated the Iran war through the prism of their shared experiences fighting Iraq.

NYTIMES (Luke Broadwater and Zachary Small) - Trump’s Vision for D.C. ‘Garden of Heroes’ Statues Grows in Size and Cost

Plans for the project include formal gardens, reflecting pools and plazas alongside the statues of 250 notable Americans, according to documents obtained by The New York Times.