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, said 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 some of the things you’re talking about. How do you pay for it if they’re gone?" MSNBC "PoliticsNation" host Rev. Al Sharpton asked Mamdani. 

Mamdani said the top 1% of earners in the city make about $1 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.

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Mamdani said he wants wealthier New Yorkers to pay more taxes to fund free buses and create a new Department of Community Safety.

"That relationship, proving that that tax dollar leads to that investment, because we know that it’s not just a fiscal policy 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 1%, we’d raise their personal income tax by 2%. So that would be if you make $1 million a year, $20,000 extra in taxes. And the point, and my responsibility, would be to deliver on that, to show them that it is a worthwhile investment," he said. 

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Mamdani told 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homeowners, particularly in Manhattan and affluent parts of Brooklyn, by allowing them to pay less in taxes due to outdated assessment caps.

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Fox News' Michael Dorgan contributed to this report.

Epstein estate to begin handing files to House investigators after 'birthday book' subpoena

Jeffrey Epstein's estate is expected to begin handing documents over to Capitol Hill lawmakers on Monday, pursuant to a subpoena issued by the House Oversight Committee last month.

Trustees tasked with handling the late pedophile's matters were ordered to turn over a tranche of files, including his infamous "birthday book," as part of House lawmakers' investigation into Epstein and his accomplice Ghislaine Maxwell.

A committee aide told Fox News Digital on Monday that they expect the first production of documents from the Epstein estate that day, but they did not elaborate on what the first tranche might contain.

Fox News Digital also reached out to the lawyer representing Epstein's estate for comment.

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Committee Chair James Comer, R-Ky., sent a letter on Aug. 25, requesting a slew of documents by Sept. 8.

"It is our understanding that the Estate of Jeffrey Epstein is in custody and control of documents that may further the Committee’s investigation and legislative goals. Further, it is our understanding the Estate is ready and willing to provide these documents to the Committee pursuant to a subpoena," Comer wrote at the time.

Subpoenaed documents include all entries in a book compiled by Maxwell for Epstein's 50th birthday, Epstein's will, and information on his 2008 non-prosecution agreement.

Lawmakers hope that the "birthday book," which allegedly includes personalized messages from Epstein's friends and associates, will shed light on his personal connections. The information is likely to be dated, however, with the book having been compiled in 2003.

Information is also being sought on Epstein's financial transactions, call and visitor logs, and "any document or record that could reasonably be construed to be a potential list of clients involved in sex, sex acts, or sex trafficking facilitated by Mr. Jeffrey Epstein," according to a copy of the subpoena viewed by Fox News Digital.

An attorney representing the executors of Epstein's estate told Fox News Digital last month, "As the Co-Executors have always said, they will comply with all lawful process in this matter, and that includes the Committee’s subpoena."

Comer has subpoenaed a litany of individuals, as well as the Department of Justice (DOJ), for information related to Epstein.

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He is also bringing in Alexander Acosta, a former Trump administration labor secretary who also served as U.S. attorney for the Southern District of Florida when Epstein entered into a non-prosecution agreement with the federal government in 2008, for a transcribed interview on Sept. 19.

He and other members of the House Oversight Committee met with Epstein survivors last week.

About 33,000 pages of files turned over by the DOJ have already been released by the House Oversight Committee, though the vast majority of those were already public knowledge.

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