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Andrew Cuomo: “The top 1% of payers pay 50% of the taxes [in this state].”

Featuring: Andrew Cuomo, Democratic | Former Governor of New York

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Andrew Cuomo DESTROYS Mayor Mamdani's Budget Claims

Published | Video Starts at 07:34

This society, every kid grows up, you want to be a millionaire, you want to succeed. Now we're going to punish Those millionaires, we're going to make them pay. The way the taxes work in this state, The top 1% of payers pay 50% of the taxes [in this state]. So keep pushing that top 1% to leave this state and this state is going to have real financial problems. And that is exactly what they're doing. (07:34–07:45)

CLAIM

Asserts that the top 1% of taxpayers in the state pay 50% of the taxes.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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