NYC Mayor Zohran Mamdani's 2025 Tax Return Reveals Rap Royalties and Joint Refund
Business Insider obtained New York City Mayor Zohran Mamdani’s 2025 tax return, revealing that he continues to earn income from his former rap career under the moniker 'Young Cardamom.' Mamdani reported $1,643 in rap royalties for the year, an increase from $1,267 in 2024. Filing jointly with his wife, graphic designer Rama Duwaji, the couple reported a total joint income of $143,634. The majority of this income stemmed from Mamdani’s $131,296 salary as a state assemblyman, while Duwaji contributed $8,860 from her design work after deducting business expenses. Consequently, the couple received a combined tax refund of $7,011, comprising $5,704 from the federal government and $1,307 from New York State. This financial disclosure coincides with Mamdani’s political advocacy for a new wealth tax on high-value second homes. The report also notes that Mamdani’s future tax filings will reflect his new mayoral salary of $258,750 and his move into Gracie Mansion, which eliminates rent expenses. The article contrasts his current earnings with his previous legislative income and highlights the transparency of his financial background amidst his rise to city leadership.
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NYC Mayor Zohran Mamdani's 2025 Tax Return Reveals Rap Royalties and Joint Refund
Business Insider obtained New York City Mayor Zohran Mamdani’s 2025 tax return, revealing that he continues to earn income from his former rap career under the moniker 'Young Cardamom.' Mamdani reported $1,643 in rap royalties for the year, an increase from $1,267 in 2024. Filing jointly with his wife, graphic designer Rama Duwaji, the couple reported a total joint income of $143,634. The majority of this income stemmed from Mamdani’s $131,296 salary as a state assemblyman, while Duwaji contributed $8,860 from her design work after deducting business expenses. Consequently, the couple received a combined tax refund of $7,011, comprising $5,704 from the federal government and $1,307 from New York State. This financial disclosure coincides with Mamdani’s political advocacy for a new wealth tax on high-value second homes. The report also notes that Mamdani’s future tax filings will reflect his new mayoral salary of $258,750 and his move into Gracie Mansion, which eliminates rent expenses. The article contrasts his current earnings with his previous legislative income and highlights the transparency of his financial background amidst his rise to city leadership.
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