And by the way, Mamdani is also talking about, for New York city alone, a 50% death tax. We have a 40% national death tax. New York state has 10% [death tax]. 50%. They lower the threshold to $750,000. You can't own a closet in New York City for that amount of money. So what do you say to the people in New York, the businesses that are left behind? (01:46–01:49)
CLAIM
Asserts that New York state has a 10% death tax.
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