Zohran Mamdani: “It's important for us to consider...increasing taxes on the…”

“I think this is why it's so critical to increase revenue on the most profitable corporations in New York. State by having the same top tax rate as New Jersey. I think It's important for us to consider...increasing taxes on the top 1% of New York City earners who make a million dollars or more by 2%. These are the proposals that we've put forward. So, as you say, we don't simply have to play a game of what are we cutting from people who already have so little.” (13:56–14:05)

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.