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Zohran Mamdani: “We would increase their taxes by a flat 2% increase, which…”

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

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Zohran Mamdani's Mayoral Campaign Rally and Policy Discussion

Published | Video Starts at 05:39

An 11.5% corporate tax rate for the top earners in corporations. And the second group are the 1% of New Yorkers who make a million dollars or more a year. We would increase their taxes by a flat 2% increase, which is $20,000 a year, which is a rounding error if you're making a million bucks. And speaking of taxes, what's your stance on this congestion tax so far? What do you think about how that's been implemented here in the city? (05:39–05:47)

CLAIM

Proposes a 2% tax increase for individuals earning over a million dollars annually.

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