Zohran Mamdani: “There is one tax the city can raise. It is a broken property…”

“… to reform, which is why we're going to be sending up a proposed piece of legislation in the next few weeks. What I am showcasing to New Yorkers is that There is one tax the city can raise. It is a broken property tax system. We do not want to do so. Which is why we have said time and again that we want to work with Albany to ensure that we resolve this fiscal crisis by addressing the structural roots of it.” (33:24)

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.