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Eric Adams: “No city income tax for anyone who's making 150% of poverty…”

Featuring: Eric Adams, Democratic | Mayor of New York

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New York City Initiative on Student Loan Forgiveness with Mayor Eric Adams and Commissioner Mayuga

Published | Video Starts at 10:41

The number one cause of bankruptcy is medical debt and we're wiping out $2 billion of it. And this year we're fighting Albany to do the acts, the tax for the working class. This would allow no taxes, No city income tax for anyone who's making 150% of poverty line or level or lower. And this is a huge benefit and hopefully we get it through Albany. 5, 582 filers will benefit from this and we'll put $63 million back into the pockets of working class low income New Yorkers. (10:41–10:49)

CLAIM

Asserts that a proposed policy would eliminate city income tax for those earning 150% of the poverty line or less.

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