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Andrew Cuomo: “You can't have a socialist state in a capitalist nation.”

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

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Andrew Cuomo Discusses Housing Crisis and Taxation in New York

Published | Video Starts at 00:25

What they don't appreciate is you can't have a socialist. And I'm all for tax and millionaires and billionaires, just so you know. Yeah, but here's the. Here's the reality. You can't have a socialist state in a capitalist nation. In other words, if New York became a socialist economy, everything free, we tax the rich at an exorbitant rate. (00:25–00:31)

CLAIM

Asserts that a socialist state cannot exist within a capitalist nation.

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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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