We are talking about the wealthiest city and the wealthiest country in the history of the world. And one in four New Yorkers are living in poverty. That man's home are those seats. That is unacceptable. And yes, I do believe that raising taxes on the top 1% by 2%, raising the corporate tax to match that of New Jersey, I believe those are rational, sensible ways for us to raise the revenue to fund this affordability agenda. And I think it's necessary because this is the city we're living in right now, and it's not a city that we can accept any longer. (09:03–09:18)
CLAIM
Asserts that increasing taxes on the wealthy and corporations is a sensible way to fund affordability initiatives.
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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