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Eric Adams: “This initiative just in the earn the no tax for working…”

Featuring: Eric Adams, Democratic | Mayor of New York

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Governor Hochul and Mayor Adams Announce Groundbreaking for Jobs and Education Hub

Published | Video Starts at 30:53

Increasing the earned income tax credit first time it was done in over 20 years when we put into put it together. So This initiative just in the earn the no tax for working class and increase in the earned income tax that alone is $408 million backs into the pockets of 2 million New Yorkers. But that's not all. So much more of what we've done in the Bronx, the Kingsbridge Armory. For decades they've been trying to get the Kingsbridge army operating. (30:53–31:09)

CLAIM

Asserts that the initiative returns $408 million to 2 million New Yorkers through tax changes.

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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