Eric Adams: “These 1% income earners, they pay close to 50% of our taxes.”

“… people in our city, they're going to go back to the communities that they preyed on in the first place. When you say you don't want billionaires in our city, These 1% income earners, they pay close to 50% of our taxes. That's how we have our police, our firefighters, our teachers. His policies are hurtful and harmful to the city.” (09:48–10:01)

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.