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Jessica Ramos: “We actually have more billionaires this year than we had…”

Featuring: Jessica Ramos, Democratic | New York State Senate, District 13

Interview with State Senator Jessica Ramos on Her Mayoral Candidacy and Vision for New York City

Published January 5, 2025 | Video Starts at 08:15

But of course, breaks are not free. And for a long time we've been giving tax breaks to the 1% to the richest New Yorkers. And you know, We actually have more billionaires this year than we had just several months ago in New York State. who are largely going untaxed. I actually have an unrealized capital gains tax that I have been promoting in the state Senate for the past few years, which would help us generate $25 billion in its first year. (08:15–08:23)

CLAIM

Asserts an increase in the number of billionaires in New York State over several months.

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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“Our signal system is still from the 30s on many lines.”
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“We speak 200 languages where I come from.”
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“I'm the senator who has raised the minimum wage.”
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“I am the state senator that has championed expanding childcare affordability.”
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“Right now, the city isn't in compliance with the existing law, and it hasn't been for many years.”
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“The mayor actually is able to direct the Department of Finance to conduct uniform property value assessments.”
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“It's actually most of us who are paying much more than we should.”
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“We need to undo the harm that former Governor Cuomo did in closing down our mental health facilities.”
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“A lot of those facilities are still there and can be refurbished, reopened, restaffed.”
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“The income inequality in our city and in our state is so palpable.”
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“Making believe that we need cuts when we don't need cuts is not okay.”
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