Former presidential candidate Ralph Nader believes a bill in Albany will answer all the questions about how mayoral hopeful Zohran Mamdani can bankroll his ambitious agenda. The legislation would ostensibly collect an existing state tax on stock trades made on Wall Street to raise billions in state revenue each year.

In a September 9 letter obtained by the AmNews, Nader and several other proponents, including State Assembly sponsor Phil Steck, asked Mamdani to both endorse the legislation as a mayoral candidate and co-sponsor it as a currently elected assemblymember.

“Passage of this legislation will alleviate much hardship and suffering for millions of NYC residents for decades to come,” they wrote. “As you well know, the sales tax had been collected and kept from 1905 to 1981. Then, pu

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