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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 pa

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