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Zohran Mamdani: “Taxing the rich will put the city back on its firm financial…”

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

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BREAKING: NYC Mayor Zohran Mamdani Unveils FY27 Preliminary Budget With Potential Property Tax Hike

Published | Video Starts at 48:33

… that is critical for the city to be able to address by the time that it adopts its final budget. New initiatives that are not in this current budget plan. Taxing the rich will put the city back on its firm financial footing. And taxing the rich at the scale that we proposed not only does that but but also advances the affordability agenda. (48:33–48:38)

CLAIM

Asserts that taxing the rich will stabilize the city's finances.

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Zohran Mamdani

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