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.
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.