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Zohran Mamdani: “The City sends about 54.5% of tax revenue to the state. It…”

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

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Published January 17, 2026 | Video Starts at 07:10

What I mean by that is today, as a result of former governor's, Former Governor Cuomo's efforts over more than a decade, The City sends about 54.5% of tax revenue to the state. It receives 40.5% from the state. There is no relationship as unequal between that of the city and the state. And that is a legacy of politics of the past. (07:10–07:18)

CLAIM

Asserts that New York City sends 54.5% of tax revenue to the state and receives 40.5% back.

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