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MLK Day: Mayor Mamdani makes case for taxing the wealthy a private one for Black households throughout BAM speech – New York News

MLK Day: Mayor Mamdani makes case for taxing the wealthy a private one for Black households throughout BAM speech – New York News

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MLK Day: Mayor Mamdani makes case for taxing the wealthy a private one for Black households throughout BAM speech – New York News

newyork-newsBy newyork-newsJanuary 19, 2026No Comments5 Mins Read
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MLK Day: Mayor Mamdani makes case for taxing the wealthy a private one for Black households throughout BAM speech – New York News
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Mayor Zohran Mamdani used his Martin Luther King Jr. Day speech on the Brooklyn Academy of Music (BAM) on Monday to push again towards warnings that his plan for larger taxes on rich New Yorkers would drive them out of town, arguing that metropolis leaders have ignored what he described as a extra concrete and damaging inhabitants loss.

“When I speak about how the wealthiest in this city should pay a little bit more in taxes, I am often told about a potential exodus,” Mamdani stated. “But why is there no focus on the exodus of fact?”

Mamdani cited information displaying that from 2010 to 2019, New York Metropolis misplaced almost 20% of its inhabitants of Black kids and youngsters, framing the decline as the results of coverage selections quite than particular person choices.

“For it was we as this city that did so,” he stated, referring to the forces that pushed households out. He pointed to excessive childcare prices as a serious driver of displacement, noting that “the average cost of childcare was $26,000 a year, and that’s a good deal.”

Talking at BAM’s annual MLK Day celebration, Mamdani framed inequality as a defining contradiction of town’s wealth.

“While the city is wealthy beyond measure, it is also deeply unequal,” he stated. “Some New Yorkers sleep in penthouses. Others sleep on the sidewalk below.”

All through the speech, Mamdani tied his coverage agenda to Dr. Martin Luther King Jr.’s emphasis on financial justice, arguing that civil rights with out financial entry are inadequate.

“We cannot only speak of Dr. King’s legacy as if it is a legacy of rights that can be given to people,” he stated. “It must also be a legacy of rights that those people can exercise themselves.”

He additionally highlighted racial disparities in public companies, saying that few expertise the results of these failures “as intimately as Black New Yorkers in our city’s most bus-dependent areas.” Mamdani pointed to slower bus service, crowded school rooms, and maternal well being outcomes, noting that Black moms are 9 occasions extra prone to die of pregnancy-related causes.

Mamdani says taxing the wealthy will ship extra applications for New York

On options, Mamdani highlighted the latest city-state settlement to ship greater than $1 billion in funding for common childcare, framing it as a vital step towards preserving households within the metropolis.

He reiterated his name for the wealthiest New Yorkers to pay extra in taxes to fund fairness initiatives and broader public companies, comparable to his marketing campaign pledges without cost and quick buses.

Final week, he stated his administration would proceed urgent Albany to handle fiscal gaps as funds negotiations transfer ahead, proposing a rise within the state’s company tax fee for big firms from 7.25% to 11.5%, together with further earnings taxes on New Yorkers incomes greater than $1 million yearly.

Gov. Kathy Hochul has dominated out tax hikes on high-income earners on this 12 months’s state funds, although she left open the potential of changes to company earnings taxes. She didn’t suggest any will increase in her State of the State tackle earlier this week.

ICE brokers masks up as a result of ‘they know’ they’re incorrect: Mamdani

Addressing federal immigration enforcement, he stated town is seeing “the craven abuses of ICE across this country and also in this city,” accusing brokers of concentrating on immigrant communities.

“They wear masks because they know that what they are doing is wrong,” he stated.

Mamdani, who immigrated to the U.S. as a toddler, stated these insurance policies have remodeled civic areas that after symbolized alternative into locations of worry. He described how buildings he as soon as seen as pathways to citizenship, such because the immigration courts at 26 Federal Plaza, at the moment are related to detention and deportation.

The mayor additionally pointed to a latest settlement with the state, saying it’ll ship “more than a billion dollars in funding for universal child care right here in New York City.”

He closed by urging New Yorkers to recommit to King’s imaginative and prescient of solidarity and ethical management, calling for compassion and collective accountability “no matter the cost.”
Mayor Mamdani addresses the viewers on the Nationwide Motion Community’s Martin Luther King Jr. Day occasion in Harlem on Monday Photograph by Lloyd Mitchell

After the BAM celebration, Mamdani continued the day’s occasions on the Nationwide Motion Community in Harlem, the place Rev. Al Sharpton warned that the legacy of Dr. Martin Luther King Jr is underneath risk nationally, saying “there’s never been a time more in my life that the dream of Dr. King is at risk than right now.”

Sharpton urged elected officers in attendance to stay vigilant and take motion to guard the positive aspects King fought for, together with the Voting Rights Act of 1965 and the Civil Rights Act of 1964. 

“The fight against DEI is the core of what the Civil Rights Act of 64 was about,” he stated, connecting present political battles to the historic civil rights battle.

“Don’t memorialize the dream and not protect the dream. That’s what we are for. That’s what we are about,” Sharpton stated, emphasizing that preserving King’s legacy requires collective effort and dedication.

In opposition to that backdrop, Mamdani spoke concerning the significance of service, solidarity, and management past the person. “Leadership can never be contained in one person. This work can never be done alone at an individual level,” he stated, highlighting the contributions of important employees, nurses, and activists who sacrifice their very own relaxation to uphold dignity and justice.

 

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