Zohran Mamdani: “It's only by 2% on an income of a million or more.”

“… of those millionaires, and she said, you know, is it true you want to raise taxes? I said, yeah. She said, you know, but I might leave. I said, but It's only by 2% on an income of a million or more. She said, what is that? I said, that's about $20,000. She said, oh, that's. That's not that much actually, to me.” (07:35–07:39)

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.