I think that will cost jobs and I think that would bankrupt businesses. I think it's too much too fast. I also think we need to cut taxes for working families. I would eliminate the New York City income tax for families making up to 250% of FPL. That's about $7,000 for a family of four. I would also cap New York City homeowners property tax at no more than 2% a year or the cost of inflation. (12:39–12:45)
CLAIM
Proposes eliminating NYC income tax for families making up to 250% of the federal poverty level.
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