Zohran Mamdani: “What we've put forward is a plan to raise $10 billion a…”

“That's in the context of a city budget of 115 billion, a state budget of 252 billion. And What we've put forward is a plan to raise $10 billion a year. that would make those buses free, pay for universal childcare, and give us the fiscal flexibility to trump proof our city by raising taxes on the most profitable corporations in the state to match that of New Jersey's top corporate tax rate, 11.5%.” (04:40–04:44)

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.