Zohran Mamdani: “It's so critical to increase revenue on the most profitable…”

“And if you have to cut somewhere, where are you going to cut? 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, you know, increasing taxes on the top 1% of New York City earners who make a million dollars or more by 2%.” (13:47–13:54)

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.