New York City Mayor Zohran Mamdani pushed back on comments from Amazon founder Jeff Bezos on Wednesday after the billionaire argued that higher taxes on wealthy Americans would do little to help working-class residents.
Bezos made the remarks during an appearance on CNBC with Andrew Ross Sorkin, where he was asked about progressive tax proposals championed by lawmakers such as Mamdani that would require top earners to pay a larger share in taxes than lower-income Americans.
Trending: Trump-Endorsed Candidate Wins Republican Gubernatorial Primary
“You can double the taxes I pay, and it’s not going to help that teacher in Queens,” Bezos said.
Mamdani, who has long campaigned for higher taxes on wealthy residents and corporations, quickly fired back in a social media post.
“I know a few teachers in Queens who would beg to differ,” he wrote.
Mamdani has repeatedly called for raising taxes on the city’s wealthiest residents and businesses to fund a slate of initiatives.
“People
Continue reading
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!