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Eric Adams: “1% of New York is the high income earners pay 40 to 50% of…”

Featuring: Eric Adams, Democratic | Mayor of New York

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Eric Adams: New Yorkers are CONCERNED

Published | Video Starts at 06:55

And now, now people are realizing that wait a minute, he's talking about us now say, well, he's only going after the 1%. 1% of New York is the high income earners pay 40 to 50% of their taxes and they have the luxury to move if they want. You're talking about billions of dollars that are leaving our city because of these draconian actions of let's just continue to not only tax your 1 percenters, but also let's be arrogant on how we interact with them. (06:55–07:06)

CLAIM

Asserts that 1% of New York's high-income earners pay 40-50% of taxes and can move if desired.

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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