Zohran Mamdani: “It will raise half a billion dollars for New York City and…”

“… a pied a terre tax, which will be a tax on the properties of the wealthiest of the. We so excited to be working with her on exactly that because It will raise half a billion dollars for New York City and it will do so on an annual basis. And we are going to get to taxes momentarily. But do you think you can accomplish all of your promises to New Yorkers or do you think you would need a second term in order to promise and achieve the sweeping promises you make?” (02:06–02:11)

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.