He's been very clear that he intends on raising taxes to cover the budget shortfall and additional services.
"Zohran’s revenue plan will raise the corporate tax rate to match New Jersey’s 11.5%, bringing in $5 billion. And he will tax the wealthiest 1% of New Yorkers—those earning above $1 million annually—a flat 2% tax (right now city income tax rates are essentially the same whether you make $50,000 or $50 million). Zohran will also implement common-sense procurement reform, end senseless no-bid contracts, hire more tax auditors, and crack down on fine collection from corrupt landlords to raise an additional $1 billion."
Yea, I’m aware of that. Problem is that it is innumerate. Raising $6 to $8 billion in revenue is not enough to cover a $5 billion deficit and something like $50 billion in additional services and housing development.
Would be great if Democrats can stay the party of serious governance and not style drift to the post-truth style embraced by modern Republicans. I’m glad we’re nominating young, charismatic candidates, but we need to stay in reality.
"Zohran’s revenue plan will raise the corporate tax rate to match New Jersey’s 11.5%, bringing in $5 billion. And he will tax the wealthiest 1% of New Yorkers—those earning above $1 million annually—a flat 2% tax (right now city income tax rates are essentially the same whether you make $50,000 or $50 million). Zohran will also implement common-sense procurement reform, end senseless no-bid contracts, hire more tax auditors, and crack down on fine collection from corrupt landlords to raise an additional $1 billion."
https://drive.google.com/file/d/14-aM9DKG337SDMilmfQtLRR-pDw...