They are now saying they're going to downgrade New York City's credit rating and nobody says boo. We have the highest taxes in the United States of America. The mayor is talking about tax increases. 9.5% property tax increase. Do you know how devastating that would be to the middle class? You finally own your own home. American dream and now a 9.5% property tax. These are not the rich people. (05:43–05:50)
CLAIM
Asserts that the mayor is proposing a 9.5% property tax increase.
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