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Critics counter that eliminating a cost for the store does not eliminate the cost itself — it simply transfers that burden to taxpayers.
They could soon find themselves competing against stores whose landlord, financial backer, and rule-maker is the same government collecting their taxes.
And that is the central challenge facing Mamdani’s experiment: City Hall may be able to mandate lower prices at the register, but economists warning against the plan say it cannot make the underlying costs disappear.
Under Mamdani’s $70 million plan, critics fear that someone will ultimately be New York taxpayers.
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