Zohran Mamdani: “If we [tax corporations] at the same rate as New Jersey…”

“… this economic agenda and starting to trump proof our city is just a question of political will. Do we want to tax the most profitable corporations in New York state If we [tax corporations] at the same rate as New Jersey, we'd raise $5 billion. This is at the core of the choice we're putting forward to New Yorkers on June 24 between a politics of the past and the politics of the future.” (00:54–00:55)

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.