Discover video-sourced quotes by politicians

Zohran Mamdani: “The super wealthy, they actually leave at 1/4 the rate of…”

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

Unintelligible Transcript with Repeated Speaker B Labels

Published June 9, 2025 | Video Starts at 03:44

And he said that they would leave. And we overcame his objections. We raised $4 billion a year in new taxes and we have more millionaires now because ultimately we know that The super wealthy, they actually leave at 1/4 the rate of any other income group because of fiscal policy. When they do leave New York City, they leave to other states that are actually described as high tax states, New Jersey or California. It's not about the tax policy. (03:44–03:51)

CLAIM

Asserts that the super wealthy leave at a quarter of the rate of other income groups due to fiscal policy.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

Discover more from

Zohran Mamdani

“There are about 24,000 units today at the very least, that are being what's called warehoused, kept off the market.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 10:14-10:22
“We have a vacancy rate of close to 1%.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 10:52-10:55
“Ridership went up by up to 38% [from the fare-free bus pilot].”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 14:58-15:01
“Assaults on bus drivers went down by 38.9% [from the fare-free bus pilot].”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 15:00-15:04
“Since 2014, there have been around 3,500 instances of New Yorkers being preyed upon [through deed theft].”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 22:32-22:39
“In the same period of time where 30,000 white New Yorkers moved in, 22,000 black New Yorkers moved out [of Bed Stuy].”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 23:35-23:44
“200 officers are leaving a month, nearly a quarter are thinking of leaving, and one of the leading reasons is forced overtime.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 27:36-27:45
“Oregon took mental health response out of the police department, handling 20% of calls elsewhere.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 28:04-28:08
“In New York City, police answer 500 mental health calls a day, 200,000 a year.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 28:16-28:22
“We're only solving less than 40% of all crimes [in New York City].”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 28:23-28:27
“The State assembly is basically like a state version of Congress. So we have 150 members, each of whom represent about 130,000 people.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 00:26-00:34
“I represent 130,000 people or so in Astoria and Long Island City in Queens.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 00:33-00:38
“New Jersey has a top corporate tax rate of 11.5%. New York has one of 7.25%.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 02:18-02:25
“If you just match New Jersey, that raises $5 billion a year that pays for free buses seven, eight times over.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 02:24-02:33
“The second tax that we would raise is on the personal income tax of the top 1% of New Yorkers.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 02:33-02:40
“We raised $4 billion a year in new taxes and we have more millionaires now.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 03:38-03:43
“In Kansas, they have a model of a municipal owned grocery store. It has been a successful model.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 04:55-05:02
“In Chicago, they did a feasibility study to see could this apply to an urban setting. They found that it was not only feasible but also…”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 05:01-05:09
“The city's set to give those same supermarkets $140 million in subsidies.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 06:04-06:09
“This proposal costs less than half. 60 million would open up one city owned grocery store in each borough.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 06:15-06:22
“The mayor determines whether the rent increases for more than 2 million New Yorkers every year through a thing called the Rent Guidelines…”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 07:23-07:31
“The mayor we have now, he raised it 9%.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 07:30-07:34
“Andrew Cuomo went to the Real Estate Board of New York and apologized for some of the most important tenant legislation that's been passed…”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 07:57-08:05
“He just got a $250,000 check from the guy who started RFK Jr super PAC.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 08:11-08:17
“These are the people who are funding what is now more than a 9, $10 million super PAC.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 08:18-08:24
“The de Blasio administration froze the rent three times in its admin.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 10:05-10:10
“The average debt that a driver had was $550,000.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 13:21-13:26
“Nine drivers had taken their own lives.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 13:25-13:28
“On November 3, 2021, we won $450 million in debt relief for these taxi drivers.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 14:05-14:12
“We took away the ability for these lenders to take these drivers homes if they reneged on the deal.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 14:11-14:17
“I fought and won the largest investment in modern Albany history in better subway service, bus service, a reduced fare hike, and the first…”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 14:38-14:50
“I made one bus route free in each borough of New York City.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 14:49-14:53
“The most significant increase [in ridership] came from New Yorkers making $28,000 a year or less.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 15:04-15:09
“There was actually a poll done by the Jewish Action Network that found that I'm in second place with Jewish voters across New York City.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 20:13-20:21
“One of the hearts of [deed] theft is Bed Stuy.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 23:34-23:36
“We will create the Office of Deed Theft Prevention.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 23:56-24:00
“Put $10 million towards hiring lawyers and analysts to actually pursue people who are trying to prey upon our elder and vulnerable New…”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 24:01-24:11
“Another $10 million to create something called the tangled titled fund.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 24:13-24:17
“We have to have a fully funded CCRB that when they make recommendations for dismissal, are understood as being a final decision.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 28:40-28:49
“Jonathan Rivera, who is still on the force, was recommended for dismissal by the same judge that recommended Daniel Pantaleo's dismissal.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 29:03-29:12
“Eric Adams told New Yorkers they need not choose between safety and justice.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 29:14-29:23
“Eight weeks ago, [Andrew Cuomo] was winning the final round by 40 points. Two weeks ago, we cut it to 20. Last week we cut it to 12. And at…”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 31:17-31:27
“I've been in second place for about three months, and now we've cut that final round lead down to less than nine.”
Unintelligible Transcript with Repeated Speaker B Labels | Uploaded June 9, 2025 | 31:43-31:49