Zohran Mamdani: “I want them to be taxed at the same levels they are in New…”

“You want to tax the top 1%, you said, and also millionaires specifically. I want to tax two groups. The first is, is the most profitable corporations in the state. I want them to be taxed at the same levels they are in New Jersey. An 11.5% corporate tax rate for the top earners in corporations. And the second group are the 1% of New Yorkers who make a million dollars or more a year.” (05:28–05:36)

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.