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Jessica Ramos: “We would generate $25 billion within the first year if we…”

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

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Jessica Ramos looks to fend off primary challenge for Queens seat | Inside City Hall

Published | Video Starts at 06:38

I carry a bill to tax 135 people. The billionaires of New York State. They have a lot of unrealized capital gains that go untaxed. By my math, We would generate $25 billion within the first year if we were to make [the bill to tax billionaires] law. And that within and of itself could help us fund universal childcare, not just for New York City, but the entire state. So there's conversations happening right now while we're negotiating the budget here. (06:38–06:43)

CLAIM

Asserts that the bill to tax billionaires would generate $25 billion in the first year.

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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.

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