NY real estate titan likens the phrase 'tax the rich' to racial slurs said the top 1% "should be praised and thanked" [View all]
Speaking on his companys 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 Yorks mayor, Zohran Mamdani, of the states first pied-à-terre tax on second homes valued at more than $5m. In a video, Mamdani announced the policy in front of Griffins penthouse, which he said was purchased for $238m.
We are all shocked that our young mayor would pull this stunt in front of Kens home and single him out for ridicule, Roth said. This was both irresponsible and dangerous.
Roth said that Vornado followed the rules and paid its fair share in taxes, which amounts to $560m in real estate taxes this year, and he was very proud of our lifetime of achievement.
I must say that I consider the phrase tax the rich quote tax the rich spit out with anger and contempt by politicians both here and across the country, to be just as hateful as some disgusting racial slurs, and even the phrase from the river to the sea, he said, referring to the controversial pro-Palestinian slogan.
https://www.theguardian.com/us-news/2026/may/06/tax-the-rich-racial-slurs-new-york-real-estate
So lets just say Eat The Rich!