The phrase “tax the rich” can be “just as hateful as some disgusting racial slurs”, according to the New York City billionaire Steve Roth, who said that the top 1% should be “praised and thanked”.

Speaking on his company’s quarterly earnings call on Tuesday, Roth, the CEO of Vornado Realty Trust, expressed his support for fellow billionaire and the CEO of Citadel, Ken Griffin, who was singled out in the 15 April announcement by New York’s mayor, Zohran Mamdani, of the state’s first “pied-à-terre” tax on second homes valued at more than $5m. In a video, Mamdani announced the policy in front of Griffin’s penthouse, which he said was purchased for $238m.

“We are all shocked that our young mayor would pull this stunt in front of Ken’s home and single him out for ridicule,” Roth said. “This was both irresponsible and dangerous.”

Edit: Mamdani’s video that sparked this: https://www.youtube.com/watch?v=FLKZnVB4F9k

    • BarneyPiccolo@lemmy.cafe
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      20 hours ago

      Yeah, heading towards just taking it all, and leaving them destitute, and if they don’t like it, they can think about it in prison, if they’re lucky to survive that long.

      They enjoy their wealth at the pleasure of the Citizens, and those who don’t handle their wealth responsibly, will have it removed.

      • Cethin@lemmy.zip
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        11 hours ago

        Leaving them destitute is much more polite than the alternative too. That basically requires them to comply, which I assume they won’t. If it comes down to other actions being taken, because the systems aren’t doing their job, it’ll require some level of violence.

        • BarneyPiccolo@lemmy.cafe
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          7 hours ago

          How easy or violent it has to be is entirely up to them. If they want violence, we can oblige them, but they’ll still lose their money, and their family may not survive it.