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
lynch him
Just to highlight that as a real estate magnate, his entire empire is built on rent-seeking, i.e. accumulating wealth by the hoarding of a limited resource, without having created anything of value.
This billionaire did not create a billion dollars of value for society, even indirectly; he only took it from others.
Oh, I think he’ll like this inevitable outcome then.
Oh rich please.
“Tax the rich” is the 99% being nice. We could go the France in 1792 route.
how much proof do we need that the rich are a different species?
off with his head
Eat himmmmm.
That’s pretty funny because the phrase doesn’t actually have a negative meaning. It’s a policy proposal at face value and at depth and that’s it. Doesn’t say the rich or bad people, although many of them are, doesn’t say that nobody should be rich, doesn’t even say how much they should be taxed.
And certainly nobody should be thanking the top 1%. We all know that they got there by lying and cheating and stealing and inheriting wealth.
Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Corporations are the only ‘persons’ which should be subjected to capital punishment, but billionaires should be euthanised through taxation.
Ebenezer Scrooge, is that you?
Okay, here’s the politically correct version then:
Take a portion of the income and wealth of people of wealth they don’t plan on investing in a short period of time (not paid out as wages, etc.).
“TAX” is going to be the softest, most palateable verb that will be done to them, the alternatives are a little less polite.
“Oh, would you prefer ‘torture and execute’ then?” Lmao
My favourite phrase, or at least one that’s given me a glimmer of hope for the future is “They will have to invent a new word for what the people are going to do to those responsible.”
Torture And eXecute
Maybe he should just go fuck himself
Well he’s not wrong, it’s definitely hateful. We don’t say it because we think it’s fair they get billions and we have to scrape by while doing the actual work.
Are both of the following hateful?
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Tax the rich - at 1%
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Tax the rich - at 99%
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That doesn’t make it hateful in the sense that it has been used recently. It’s just a normal response to someone’s horrible behaviour.
