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Date
Summary
Arthur Aidala: Once Mamdani Loses the Elite over Tax Increase, a Mass Exodus Is Bringing Back New York to 70s ‘Hell Hole’
Subjects
Source
CNN

Name: CNN
URL: http://www.cnn.com/
Show
CNN NewsNight with Abby Phillip

Name: CNN NewsNight with Abby Phillip
URL: https://www.cnn.com/
Persons
Joy Ann Reid
, Abby Phillip
, Arthur Aidala

Name: Joy Ann Reid
Employment: MSNBC
Position: National Correspondent

Name: Abby Phillip
Employment: CNN
Position: Reporter

Name: Arthur Aidala
Employment: Aidala, Bertuna & Kamins
Position: Managing Partner
Event
Event location
–
Link
–
Original recording
Uploaded
06/24/2025 10:32 pm
Owner
JBDiaz (staff)
Type
Video
Format
MP4 (720x406)
Use clipper to adjust file type
Duration
0:02:05
Views
18
Purchases
2
Social views
0
Transcript
Reid The bottom line ░░░░░░░░ what I want to ░░░░░░░░ you a question What ░░░░░░░░ your evidence that Mamdani ░░░░░░░░ return New York City ░░░░░░░░ the 1970s hellhole Times ░░░░░░░░ What is your evidence ░░░░░░░░ that AIDALA Very simple ░░░░░░░░ he wants to raise ░░░░░░░░ on people who make ░░░░░░░░ most money What eventually ░░░░░░░░ going to happen is ░░░░░░░░ re going to lose ░░░░░░░░ tax base Once you ░░░░░░░░ that tax base our ░░░░░░░░ will get degraded Now ░░░░░░░░ city the city budget ░░░░░░░░ not be substantial enough ░░░░░░░░ subsidize not only the ░░░░░░░░ but the fire department ░░░░░░░░ sanitation department Once you ░░░░░░░░ losing Wall Street and ░░░░░░░░ who pay 11 000 ░░░░░░░░ 000 a month to ░░░░░░░░ on the Upper East ░░░░░░░░ you re done You ░░░░░░░░ done And you go ░░░░░░░░ to the 70s when ░░░░░░░░ Ford said to New ░░░░░░░░ Drop dead and the ░░░░░░░░ fiscal crisis PHILLIP Okay ░░░░░░░░ on hold on Arthur ░░░░░░░░ Arthur just just as ░░░░░░░░ who is just listening ░░░░░░░░ you you raise the ░░░░░░░░ on wealthy people in ░░░░░░░░ city maybe a couple ░░░░░░░░ right AIDALA We re ░░░░░░░░ at 50 PHILLIP Yeah ░░░░░░░░ re already AIDALA 53 ░░░░░░░░ And that s exactly ░░░░░░░░ point They re already ░░░░░░░░ some of the highest ░░░░░░░░ Did you hear what ░░░░░░░░ just said PHILLIP I ░░░░░░░░ I know Arthur But ░░░░░░░░ they are already paying ░░░░░░░░ at this moment some ░░░░░░░░ the highest taxes in ░░░░░░░░ country And you think ░░░░░░░░ 1 or 2 is ░░░░░░░░ to cause a mass ░░░░░░░░ out of New York ░░░░░░░░ It already has started ░░░░░░░░ s already there PHILLIP ░░░░░░░░ just want to be ░░░░░░░░ that that s what ░░░░░░░░ re saying because I ░░░░░░░░ that seems pretty extraordinary ░░░░░░░░ He s also not ░░░░░░░░ to focus on crime ░░░░░░░░ now you have police ░░░░░░░░ Tish and John Chell ░░░░░░░░ chief of the department ░░░░░░░░ in the state in ░░░░░░░░ city of New York ░░░░░░░░ now is set to ░░░░░░░░ all records as the ░░░░░░░░ ever in recorded history ░░░░░░░░ shootings and murders Once ░░░░░░░░ starts going up in ░░░░░░░░ other direction and the ░░░░░░░░ base is gone and ░░░░░░░░ is gone and Cross ░░░░░░░░ PHILLIP Hold on Last ░░░░░░░░ I will say and ░░░░░░░░ I ll let you ░░░░░░░░ The last thing I ░░░░░░░░ say and then I ░░░░░░░░ let you in Under ░░░░░░░░ Adams crime did go ░░░░░░░░ in the city AIDALA ░░░░░░░░ then went down It ░░░░░░░░ during the pandemic and ░░░░░░░░ PHILLIP Exactly But I ░░░░░░░░ just being clear.”
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