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Story summary
- Dallas Mayor Eric Johnson says attracting Wall Street firms to Texas could hinge on policies contrasting with New York City's mayor Zohran Mamdani's socialist approach.
- Dallas is the second-largest U.S. financial services hub, with over 100,000 finance jobs added in the past decade.
- Mamdani's proposed tax increases, intended to generate $9 billion annually, are part of the context around Texas's lack of state income tax and lower property rates.
