Zohran Mamdani: “That [pied a terre tax] itself is going to raise half a…”

“You have to not live in this city. You have to own property in the city. And then that property's value has to be more than $5 million. That [pied a terre tax] itself is going to raise half a billion dollars for New York City alone. So all of these ways of having a fair relationship with Albany, of increasing taxes on the very wealthiest, and of actually finding the savings and the efficiencies in city government that have for a long time just been tolerated, because that's how things are.” (05:34–14:01)

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