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Kevin O’Leary calls Mamdani’s NYC tax plan ‘sheer blind stupidity’ as wealth flees the city

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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. O’Leary Ventures chairman Kevin O’Leary joined FOX Business’ Stuart Varney on “Varney & Co. ” to weigh in on proposals targeting high earners, arguing the approach risks undermining the economic activity cities rely on.

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