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Andrew Cuomo: “The wealthiest 5% of New Yorkers pay about 50% of the taxes.”

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

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Andrew Cuomo Discusses Mayoral Candidacy and Key Issues on WNYC

Published | Video Starts at 15:12

Now the question is, do you focus on just redistribution of income, which we do. I have passed the most progressive tax code in, in the United States. Right. The wealthiest 5% of New Yorkers pay about 50% of the taxes. So we are redistributing income through our taxes taxing system. I believe at the same time you have to bring up the bottom and that's more education and that's more opportunity, that's more jobs. (15:12–15:22)

CLAIM

Asserts that the wealthiest 5% of New Yorkers pay about 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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