Jewish Real Estate Magnate Steven Roth Likens Mamdani’s ‘Tax the Rich’ Rhetoric to ‘From the River to the Sea’
Ken Griffin and Steven Roth criticize Mayor Mamdani's proposed pied-à-terre tax, which could generate $500 million annually according to the city comptroller, as hostile.
- New York City Mayor Zohran Mamdani recently announced a "pied-à-terre tax" targeting second homes valued at $5 million or more, projected to generate approximately $500 million annually from an estimated 11,200 properties.
- Steven Roth, CEO of Vornado Realty Trust, criticized the initiative during an earnings call, comparing "tax the rich" rhetoric to racial slurs and calling the mayor's video featuring Griffin's $238 million penthouse "irresponsible and dangerous."
- Griffin described the campaign as "creepy and weird" on Tuesday, stating that Mamdani's policies are "triggering the trauma" he experienced in Chicago. Citadel plans to prioritize expansion in Miami over New York City in response.
- Roth's comments highlight ongoing friction between Mamdani and some Jewish business leaders over his views on Israel, with leaders like Dave Portnoy, founder of Barstool Sports, previously citing antisemitism concerns when discussing leaving the city.
- Data from the White House indicates the top 400 billionaire families pay an effective federal tax rate of 8.2 percent, compared to 13 percent for average American taxpayers, while proponents argue the wealth gap is the widest in over three decades.
19 Articles
19 Articles
Billionaire Real Estate Mogul Slammed After Claiming That Calls To 'Tax The Rich' Are Akin To Using Racial Slurs
Stop being racist against billionaires, you guys!Billionaire real estate mogul Steve Roth has a message for New York City Mayor Zohran Mamdani and all the rest of us who think billionaires should have to pay taxes like the rest of us.Roth, who it should be noted looks exactly like Mr. Burns from The Simpsons, is the CEO of Vornado Realty Trust, and on a recent earnings call he claimed that saying "tax the rich" is every bit as "hateful" as using…
Mamdani’s billionaire tax plan may have a loophole
Amid the controversy over New York City Mayor Zohran Mamdani’s plan to tax second homes of the city’s wealthiest, CNN’s Katherine Koretski explains why the city’s most valuable homes are already benefiting from a loophole.
White CEO Says Zohran Mamdani’s ‘Tax The Rich’ Slogan Is A ‘Racial Slur’ For The Wealthy
Source: Michael M. Santiago / Getty The only thing worse than white people wanting to be oppressed as badly as they do is rich white people wanting to be oppressed. And the only thing worse than rich white people wanting to be oppressed is rich white people wanting to be so oppressed that they would go as far as to compare their fictional oppression to the very real oppression faced by Black people both historically and currently. Meet Ken Griff…
Fox Business
The New York LedgerNYC real estate titan compares ‘tax the rich’ slogan to ‘disgusting racial slurs’ amid Mamdani clash
A New York City real estate investor is intensifying tensions with City Hall, likening the phrase "tax the rich" to "disgusting racial slurs" as a widening rift emerges between Mayor Zohran Mamdani and some of the city’s most powerful business leaders.Steven Roth, chairman and CEO of Vornado Realty Trust, made the remarks during the company’s earnings call on Tuesday, arguing that rhetoric targeting high earners unfairly portrays them as "evil" …
Jewish Telegraphic Agency
The ForwardJewish real estate magnate Steven Roth likens Mamdani’s ‘tax the rich’ rhetoric to ‘from the river to the sea’
Jewish real estate mogul Steven Roth compared New York City Mayor Zohran Mamdani’s “tax the rich” rhetoric this week to racial slurs and pro-Palestinian rhetoric on an earnings call for his company, Vornado Realty Trust. “I consider the phrase ‘tax the rich’ when spit out with anger and contempt by politicians both here and across the country, to be just as hateful as some disgusting racial slurs and even the phrase, ‘from the river to the sea,’…
White CEO Says 'Tax The Rich' Is A 'Racial Slur' For The Wealthy
Source: Michael M. Santiago / Getty The only thing worse than white people wanting to be oppressed as badly as they do is rich white people wanting to be oppressed. And the only thing worse than rich white people wanting to be oppressed is rich white people wanting to be so oppressed that they would go as far as to compare their fictional oppression to the very real oppression faced by Black people both historically and currently. Meet Ken Griff…
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