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Zohran Mamdani: “Raising taxes on the top 1% of New Yorkers who make a…”

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

Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City

Published May 25, 2025 | Video Starts at 05:00

… flexibility to trump proof our city by raising taxes on the most profitable corporations in the state to match that of New Jersey's top corporate tax rate, 11.5%. And by Raising taxes on the top 1% of New Yorkers who make a million dollars a year or more by a flat 2% increase. just $20,000, which for someone making $1 million, is more like a rounding error. And talking public safety. Now, another crucial issue. (05:00–05:06)

CLAIM

Asserts a plan to increase taxes by 2% on New Yorkers earning $1 million or more.

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Zohran Mamdani

“We have close to 2 and a half million New Yorkers who live in rent stabilized housing.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 01:44-01:48
“The city is already set to spend more than $140 million subsidizing corporate supermarket chains.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 04:18-04:25
“The cost of [fare-free buses] is about $700 million a year.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 04:32-04:35
“Rikers island is currently providing mental health services for about 40% of its incarcerated population.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 12:44-12:50
“The cost of that for a year is $4,000. That's about two or three days on Rikers.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 13:20-13:26
“I actually understand the number one crisis in this city, which is a crisis of affordability.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 00:59-01:05
“I would freeze the rent.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 01:41-01:43
“These are New Yorkers with a median household income of $60,000.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 01:47-01:52
“The Rent Guidelines Board found that in the last study, the landlords of those units saw a 12% increase in their revenue.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 01:51-01:59
“I would change course [on immigration policies].”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 02:20-02:22
“I would be as elected the first immigrant mayor of this city in generations.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 02:21-02:26
“A network of municipal run grocery stores, one in each borough, so five in total would cost the city $60 million.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 04:11-04:19
“What we've put forward is a plan to raise $10 billion a year.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 04:40-04:44
“Raising taxes on the most profitable corporations in the state to match that of New Jersey's top corporate tax rate, 11.5%.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 04:51-05:00
“Police have a critical role to play in creating public safety.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 05:50-05:54
“We have right now is a system that is failing New Yorkers.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 06:27-06:31
“We need to ensure we bring the strategies that have worked elsewhere in the country that have been proven successful.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 06:47-06:54
“October 7th was a horrific war crime. And what we have seen since is also a war crime.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 08:17-08:22
“Increasing the funding for hate violence prevention programming by 800%.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 09:38-09:43
“I believe we should keep [congestion pricing] as is.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 10:07-10:10
“We won more than $12 million in additional bus service.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 10:41-10:44
“This mayor has rendered it functionally impossible to close Rikers by the date of 2027.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 11:56-12:02
“A few months ago, the final round had Andrew Cuomo leading me by about 40 points.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 15:12-15:17
“In that poll you just referenced, that lead is cut in half to about 20 points.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 15:16-15:20
“Andrew Cuomo wants to bring us back to a time when he was the governor. Cutting Medicaid, stealing hundreds of millions of dollars from the…”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 16:26-16:37
“Both of my parents came to this country on scholarships.”
Zohran Mamdani Discusses Mayoral Campaign, Democratic Socialism, and Key Issues Facing New York City | Uploaded May 25, 2025 | 18:36-18:39