Mamdani wants to convince NYC's wealthy residents paying more taxes would better their quality of life

New York City mayoral candidate Zohran Mamdani a democratic socialist declared Sunday he hoped to convince wealthy New York City residents that paying increased taxes would improve even their quality of life How do you bring these wealthy residents to the table as mayor Stop them from saying they re leaving going to Florida because we need that tax revenue to pay for selected of the things you re talking about How do you pay for it if they re gone MSNBC PoliticsNation host Rev Al Sharpton inquired Mamdani Mamdani reported the top of earners in the city make about million annually and stressed he wants them to remain Sharpton followed up How do you get them to stay In part by showing them that asking them to pay more in taxes would increase even their quality of life Because when you ask New Yorkers what is it that is making them feel uneasy in this city you often hear from them about the cleanliness of our city the safety of our city the affordability of our city We are not asking to raise these taxes for the sake of it Mamdani responded NEW YORK MAYORAL HOPEFUL ZOHRAN MAMDANI SLAMS CAPITALISM ON CNN CITES MLK TO DEFEND SOCIALISMMamdani announced he wants wealthier New Yorkers to pay more taxes to fund free buses and create a new Department of Population Safety That relationship proving that that tax dollar leads to that expenditure because we know that it s not just a fiscal strategy that takes somebody from New York City to somewhere else he continued Mamdani argued that New Yorkers leave for other high-tax states such as California and New Jersey For the top we d raise their personal income tax by So that would be if you make million a year extra in taxes And the point and my responsibility would be to deliver on that to show them that it is a worthwhile financing he announced BERNIE SANDERS ZOHRAN MAMDANI UNIT UP TO 'FIGHT OLIGARCHY' IN NYCMamdani described NBC News' Meet the Press in June that we shouldn't have billionaires Mamdani s campaign website features a plan titled Stop the Squeeze on NYC Homeowners which argues that New York s current property tax system disproportionately benefits wealthy White homeowners particularly in Manhattan and affluent parts of Brooklyn by allowing them to pay less in taxes due to outdated assessment caps CLICK HERE FOR MORE COVERAGE OF MEDIA AND CULTUREFox News' Michael Dorgan contributed to this record