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Zohran Mamdani: “Match the state's top corporate tax rate of 7.25% to that of…”

Featuring: Zohran Mamdani, Democratic | Mayor of New York City

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Zohran Mamdani Discusses Mayoral Campaign, NYPD's Role in ICE Raids, and Housing Plans

Published | Video Starts at 06:39

And what I've said that to fund this and to fund the delivery of universal childcare would be through two primary revenue streams. The first would be to Match the state's top corporate tax rate of 7.25% to that of New Jersey, 11.5%. That raises $5 billion. just by matching that of our neighbor. The second is by taxing the 1%. That 1% of New Yorkers income earners make a million dollars or more a year. (06:39–06:48)

CLAIM

Asserts that matching New Jersey's corporate tax rate would raise $5 billion.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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