Nearly all New York wage earners should have skin in the game and pay higher taxes to fund a massive universal child tax program backed by incoming Mayor Zohran Mamdani and Gov. Kathy Hochul, a liberal think tank says.

He’s having one last ball. Eric Adams ended his tumultuous term as New York City’s mayor on Wednesday the same way he started it: celebrating the New Year’s Eve Ball Drop in Times Square. The last minute of Adams’ tenure and of 2025 will show Hizzoner living up to his “party mayor” reputation by pressing...