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Zohran Mamdani: “We'd match the tax of New Jersey.”

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

Up Close with Bill Ritter: Democratic New York City mayoral candidate Zohran Mamdani

Published October 27, 2025 | Video Starts at 16:03

The second is that for businesses, we're talking about the top rate of the state's top corporate tax. This is the most profitable businesses in New York State. And We'd match the tax of New Jersey. And the reason that it's important to do these things is this is what funds the agenda that would transform life for every New Yorker, including the ones that we were taxing. (16:03–16:06)

CLAIM

Asserts that the proposed corporate tax rate would match New Jersey's rate.

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.

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