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Eric Adams: “52% of our taxes are paid by 2% of New Yorkers.”

Featuring: Eric Adams, Democratic | Mayor of New York

In-Depth Interview with Mayor Eric Adams on New York City's Challenges and Initiatives

Published June 29, 2022 | Video Starts at 24:22

Right. And we're doing that right now. First of all, the affluent New Yorkers do you know 52% of our taxes are paid by 2% of New Yorkers. I can believe that. If we lose those 2%, we lose our teachers, our firefighters, our cops. So for me not to engage those high income earners, that's foolish as a mayor and I'm not going to do that. (24:22–24:28)

CLAIM

Claims that 2% of New Yorkers pay 52% of the city's 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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