Mamdani is costing New York jobs and tax revenue: Joe Concha
Joe Concha,a Washington Examiner columnist,criticized New York City Mayor Zohran mamdani over proposed or rising taxes,arguing that wealthy people and major businesses will leave the city-taking jobs and tax revenue with them. Speaking on Fox News’s *Hannity*, Concha claimed Mamdani is being portrayed as a villain against the less lucky, while actually benefiting bargain-minded interests by driving high-paying work elsewhere.
Concha pointed to Mamdani meeting with JPMorgan Chase CEO Jamie Dimon amid the backlash,quoting Dimon urging the mayor to make New York a place “to grow and build and live” with families and work. Concha said prominent billionaires such as Dimon and Ken Griffin were expected to expand operations in New York,but that the resulting momentum could shift to places like Miami and Texas because new York is becoming less business-kind. he also argued that employment is rising in Texas while declining in Manhattan.
Washington Examiner columnist Joe Concha called out New York City Mayor Zohran Mamdani for high taxes, saying that billionaires will leave the city and take their business with them.
“He is starting to feel reality,” Concha said on Fox News’s Hannity Friday.
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Concha argued that Mamdani thought businesses would just “sit back and take it while being cast as villains who victimize the less fortunate to enrich themselves.”
Mamdani met with JPMorgan Chase CEO Jamie Dimon on Monday, according to Fox Business, as the New York mayor faces backlash over rising taxes.
Dimon said Mamdani has to “make this city a place where people want to grow and build and live and have families and work,” in a Bloomberg interview Thursday.
Concha argued that billionaires like Dimon are, “showing why they’re so rich because they’re smart.”
Concha said Citadel CEO Ken Griffin was supposed to bring a hub supporting tens of thousands of high-paying jobs to New York.
“That’s probably going to Miami now because Florida is actually a friendly business environment,” Concha said.
He said the same thing is happening with JPMorgan Chase, where the headcount of workers in Texas is booming, but dropping in Manhattan.
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“Mamdani is costing his city big-time jobs and tax revenue,” Concha said.
“Anyone sane and sober would never trust you to run a bath — let alone the financial capital of the world,” he added.
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