We have Here in New York City and the ways in which assessments are made. A $228 million property has been assessed by the City of New York as having a value of 9.4 million. If we were to tax just that property by the valuation that it actually has, it would raise $3 million. which is money we could then give to McKinsey to design another trash can in the city. We shouldn't do that, but we do. (14:47–14:53)
CLAIM
Asserts potential tax revenue from accurately valuing a high-value property.
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.