Kevin O’Leary calls Mamdani’s NYC tax plan ‘sheer blind stupidity’ as wealth flees the city
O’Leary pointed to the role that outside investors play in funding development and supporting local economies through spending and taxes.
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Metro Kevin O’Leary calls Mamdani’s NYC tax plan ‘sheer blind stupidity’ as wealth flees the city By Arabella Bennett, Fox Business Published April 29, 2026, 2:34 a.m. ET Originally Published by: US headed for ‘additional military combat,’ Iran ‘hanging by a thread,’ warns Kudlow Citadel CEO threatens to drop $6 billion NYC project after Mamdani video Disney reveals position on ESPN spinoff speculation after years of rumors A renewed push to raise taxes on wealthy individuals and corporations in New York City is drawing criticism from business leaders as policymakers weigh how to balance budgets without driving away investment.
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