LeadStory

How much does Mamdani want to raise taxes?

Asked 13 hours ago

Answer

Mamdani wants to add a 2% income tax on New Yorkers making over a million dollars a year.

Now Playing

CNBC

How the NYC mayoral race is impacting the wealthy

CNBC · Recent
CNBC
CNBC
Recent
  • Zoran Mamdani, a Democratic Socialist, won the Democratic nomination for NYC mayor. 12s
  • Mamdani proposes a 2% income tax on those earning over $1 million, raising top rates. 40s
  • Any income tax increase would require state approval, which Governor Hochul is unlikely to support. 1m 1s
  • Luxury real estate sales in Manhattan have increased since Mamdani's primary win. 1m 18s
  • New York still has the largest ultra-wealthy population in the U.S., with over 33,000 people worth $30 million or more. 1m 48s
Politics

References

How the NYC mayoral race is impacting the wealthy
Icon
CNBC
15 hours ago
How the NYC mayoral race is impacting the wealthy

Mamdani wants to add a 2% income tax on New Yorkers making more than a million dollars a year.

How wealthy New Yorkers could be impacted by Mamdani's policies
Icon
CNBC
17 hours ago
How wealthy New Yorkers could be impacted by Mamdani's policies

Mamdani wants to add a 2 percent income tax on New Yorkers making a million dollars or more a year.

What Are People Asking?