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Home - Zohran Mamdani News - Mamdani’s Tax Day Vid Backfires as Businesses Look to Escape New York

Mamdani’s Tax Day Vid Backfires as Businesses Look to Escape New York

New York City Mayor Zohran Mamdani is already having success in redistributing wealth, right out of his city.

It seems the socialist mayor’s creepy video celebrating Tax Day and directly calling out billionaire CEO Ken Griffin as a target for a new pied-à-terre tax may have backfired.

While the slickly produced video—where he gleefully spoke about taxing the “rich”—may have been good short-term politics, it could ultimately create a financial doom cascade for a New York City already facing a “historic” budget crisis.

According to a report in the New York Post, Griffin and other “billionaire bigwigs” are earnestly considering leaving the city, or at the very least looking to make future investments elsewhere.

“The splashy one-two punch of Citadel CEO Ken Griffin and Apollo Global Management honcho Marc Rowan pledging to expand outside New York City has been coupled with a silent wave of businesses ‘quiet quitting’ the city over its hostile environment,” according to the Post.

Unsurprisingly, Griffin and other business leaders are looking to places like Florida and Texas for future investment opportunities.

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