ZOHRAN MAMDAN (D) has 8M already for his NY Mayoral office run

Based on his platform and public statements, Zohran Mamdani, the Democratic nominee for Mayor of New York City, plans several significant changes if elected.
Key proposals include:
• Housing and Affordability:
o Implementing an immediate rent freeze for tenants in rent-stabilized apartments.
o Constructing 200,000 new units of permanently affordable, union-built, rent-stabilized homes over the next decade.
o Doubling the city's investment in public housing repairs.
o Overhauling the Mayor's Office to Protect Tenants and improving code enforcement to crack down on bad landlords.

• Transportation:
o Making city buses permanently free for all riders.
o Expanding bus priority lanes and implementing other measures to increase bus speeds.

• Public Safety:
o Creating a new Department of Community Safety to focus on violence prevention, mental health, and crisis response, deploying outreach workers in subway stations, and expanding gun violence prevention programs.
o Shifting away from an over-reliance on police for social safety net issues, while emphasizing the continued role of law enforcement in addressing violent crime.

• Social Programs and Services:
o Implementing free childcares for all children aged 6 weeks to 5 years.
o Delivering "baby baskets" with essential supplies to new parents.
o Creating city-owned grocery stores to offer low-cost food, especially in underserved areas.

• Economic Measures:
o Raising the corporate tax rate to 11.5% and imposing a new flat 2% income tax on New Yorkers earning over $1 million annually to fund his programs.
o Raising the minimum wage to $30 per hour by 2030.

• Other Initiatives:
o Creating an office dedicated to preventing deed theft, particularly targeting vulnerable communities.
o Enhancing protections and services for the LGBTQIA+ community.
o Making City University of New York (CUNY) tuition-free.

FUNDING PLANS

Mamdani’s proposals are ambitious and require significant funding, which he plans to secure through targeted tax increases on high earners and corporations:
• Taxing the Wealthy:
• He proposes a flat 2% tax increase on the city’s top earners, specifically those earning above $1 million annually, to fund his affordability initiatives.
• Raising Corporate Taxes:
• Mamdani plans to increase the corporate tax rate to match New Jersey’s 11.5%, ensuring that all companies doing business in New York City, regardless of headquarters location, contribute to city revenues. This would prevent tax evasion by businesses.
• Taxing “Richer and Whiter” Neighborhoods:
• He has advocated reforming the city’s property tax system, which he considers unfair, by increasing taxes on wealthier neighborhoods to generate additional revenue.
• Collaboration with State Legislature:
• Mamdani acknowledges that many of his proposals, such as tax increases, require approval from the state legislature in Albany. He claims support from state colleagues eager to deliver for working people, though Governor Kathy Hochul has expressed skepticism about raising taxes.

Challenges and Criticisms
• Feasibility: Critics, including some Democrats and Governor Hochul, argue that Mamdani’s proposals rely heavily on state-level approval, which may be difficult to secure given Albany’s control over city tax policies.
• Economic Impact: Opponents, such as real estate professionals and business leaders, express concern that policies like rent freezes and higher taxes could deter landlords and businesses, potentially exacerbate the housing crisis or driving companies away.
• Opposition: Some Jewish groups and Republican critics have raised concerns about Mamdani’s stances, particularly his criticism of Israel, which could complicate his coalition-building efforts.

Zohran Mamdani’s platform centers on making New York City more affordable for working-class residents through bold, progressive policies like rent freezes, free buses, universal childcare, and city-run grocery stores. He plans to fund these initiatives primarily through tax increases on the wealthy and corporations, though his ability to implement these changes hinges on cooperation with the state legislature and navigating opposition from business interests and political moderates. His campaign’s focus on grassroots support and small-donor fundraising, which raised over $8 million, underscores his commitment to a people-driven approach.

Mamdani's platform is focused on addressing the rising cost of living and inequality in New York City, drawing on democratic socialist principles. Some of his proposals, particularly the tax increases and potential debt increases for housing, would require the approval of the state legislature and Governor Kathy Hochul, who has expressed skepticism about some of these plans.

ABOUT MAMDANI

Zohran Mamdani currently earns his living as a New York State Assemblymember, representing the 36th District in Queens, a position he has held since January 2021. As an Assemblymember, he receives a salary from the state of New York, which for rank-and-file members is approximately $142,000 per year as of 2025, based on recent legislative pay structures. His term in the Assembly is set to continue until January 1, 2027, though he is also running for Mayor of New York City in the November 2025 election, which could change his professional status if elected.

Added income comes from his parents’ success (his mother, Mira Nair, is an acclaimed filmmaker, and his father, Mahmood Mamdani, is a Columbia University professor) and alleging he lives in a rent-stabilized apartment or owns land in Uganda. However, these claims are unverified and lack concrete evidence, so his primary income source remains his Assembly salary.

Other than his work as a Hip-Hop Artist (circa 2012–2017), he performed under the pseudonym Mr. Cardamom, releasing music and performing in New York City. His work as an artist was short-lived and not a primary income source, though it contributed to his public profile as a community-oriented figure. The rest of his work was with local and city office positions.

Mamdani’s work history is relatively short due to his young age (33 as of 2025) and rapid rise in politics. His career has been consistently focused on public service and advocacy for marginalized communities.

EDUCATION
Bowdoin College (2009–2013): Earned a Bachelor of Arts (B.A.) in Government and Legal Studies. He graduated from the liberal arts college in Brunswick, Maine, known for its rigorous academic programs. He engaged in student activism, which influenced his progressive political outlook.

High School: United World College of the Atlantic (2007–2009): Attended this international boarding school in Wales, United Kingdom, which emphasizes global citizenship and social justice. The experience shaped his worldview, exposing him to diverse cultures and perspectives.

Mayoral Campaign (2025): While running for mayor, he continues his Assembly duties. His campaign, funded by over $8 million in small-donor contributions, highlights his grassroots approach.

ENDORSEMENTS
Representative Alexandria Ocasio-Cortez
Senator Bernie Sanders
Organizations: New York Working Families Party, the Democratic Socialists of America (DSA) NYC chapter, and the Sunrise Movement.

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