PolitiQuote

Discover video-sourced quotes by politicians

Eric Adams: “We benefit from their discretionary spending.”

Featuring: Eric Adams, Democratic | Mayor of New York

Watch on YouTube

Eric Adams: I was wrong about the pied-à-terre tax

Published | Video Starts at 00:24

We have a body of people who are investing in the city that we don't have to pay services for. Their children are not in our schools. We benefit from their discretionary spending. We benefit from this. We don't lose from this. We're not giving anything away, if anything is a real win for us. (00:24–00:28)

CLAIM

Asserts that the city benefits from the discretionary spending of these investors.

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.


Eric Adams

Discover more from

Eric Adams

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

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.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.