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newsApr 17, 20261:29

Mamdani's Tax Returns: High Income, Low Donations

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New York City Council member Zohran Mamdani releases tax returns, revealing a combined income of $144,784 in 2021, with $131,926 from his Assembly job and $1,600 from rapper days. His wife earned $10,100, placing her below the federal poverty line. They received a $7,111 refund due to overpayment. Council Speaker Julie Menin refuses to release her returns, citing lack of precedent, despite past speakers sharing theirs.

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Mamdani's Tax Returns: High Income, Low Donations

US News Today | 2 Min News | The Daily News Now!

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US News Today | 2 Min News | The Daily News Now!Mamdani's Tax Returns: High Income, Low Donations. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's April 16, I'm Cory with the story, and this is US News Today, your AI-powered national briefing. New York City Council member Zora and Mamdani just dropped his tax returns from last year, showing he and his wife pulled in a combined 100. $44,784 before taxes. They're actually getting back $7,11 in refunds from state and federal because they overpaid. Mamdani earned most of it from his old assembly job, a $21,926 plus a cool $1,06. 100 in royalties from his rapper days as Mr. Cardamom. His wife made $10,010 from her visual design gig, netting $8,860 after expenses, which puts her under the federal poverty line. They also had 1,600 in capital gains. No charitable donations showed up on the return since they took the standard deduction, but a spokesperson says they did give to causes. Specifics shared. Meanwhile, council speaker Julie Menon, whose class with Mamdani before, flat out refused to release her own returns.

She claims there's no precedent, even though past speakers like Adrian Adams skipped it, but Cory Johnson and Melissa Mark Beaveretto did share. There's. Menon's team points to the city's financial disclosure rules as plenty transparent for income, assets, and conflicts keeping things above board. Without the full tax dive.

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