Mayor Mamdani has proposed a surtax of 2 percentage points on New York City millionaires. That is 0.7% of total city tax base, less than fewer than 1%, which would generate approximately $3 billion So let us be clear. Under the mayor's proposal, 99.3% of people in New York City would not pay a nickel more in taxes. Is what the mayor is proposing popular? You're damn right. The widely respected pollsters at Siena a few weeks ago, just a few weeks ago, found that 54% of New York State voters approve of Mayor Mondani's proposed tax increase. (25:53–26:01)
CLAIM
Asserts that under the mayor's proposal, 99.3% of New York City residents would not see a tax increase.
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