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Billionaires’ Mamdani-driven exodus: Letters to the Editor — May 9, 2026

The Issue: Mayor Mamdani’s “tax the rich” antics driving billionaires’ businesses out of NYC.

Mayor Mamdani figures that big business and the rich will tolerate his hostility.

This is a false assumption (“Going . . . Zo-ing . . . Gone!” May 7).

In the post-COVID world, we see that corporations and the rich do not have to be concentrated in New York City or Chicago.

They can operate anywhere.

Ken Griffin’s Citadel abandoned Chicago for Miami, and it is doing just fine.

Chase Bank has more employees in Texas than in New York.

If they leave, who is the mayor going to tax?

The answer is: the rest of us.

What Noah Syndergaard just found out about the REAL Donald Trump

Spencer Pratt: An ordinary LA guy standing up to career politicians

Ketanji Brown Jackson is hell-bent on destroying the Supreme Court

There is an old economics adage: The more you tax something, the less you get of it.

Mamdani thought it was funny to do a video saying he will tax rich people like Ken Griffin.

Now, Griffin and Marc Rowan say they will increase their companies’ employment down south instead of in New York.

New Yorkers aren’t laughing.

When wealthy........

© New York Post