These Poor Billionaires Are Melting Down Over Taxing the Rich
These Poor Billionaires Are Melting Down Over Taxing the Rich
These Poor Billionaires Are Melting Down Over Taxing the Rich
Facing the prospect of paying a bit more in taxes, billionaires are responding calmly and rationally: by calling themselves a marginalized, oppressed minority group being traumatized.
“I must say that I consider the phrase tax the rich — quote 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,’” Vornado Realty Trust CEO Steve Roth recently said on an earnings call, commenting on New York City Mayor Zohran Mamdani’s recently announced plans to tax luxury second homes owned by superrich people who don’t live in the city.