Mayor Zohran Mamdani\u2019s \u201ctax the rich\u201d posturing just cost the city some good jobs, significant economic activity and hefty tax revenue from two power players \u2014 Citadel and Apollo Global Management.<\/p>\n
Rather than just keep fleeing, business leaders should fight to save capitalism here, so their companies can stay.<\/p>\n
That is: Help the public see how much it benefits from their businesses being here before they go away. <\/p>\n
On Tuesday, Citadel CEO Ken Griffin confirmed his firm is expanding operations in Miami rather than New York, with the call becoming a no-brainer after the mayor boasted<\/a> of taxing the rich via a video right in front of the billionaire\u2019s home, targeting him by name: \u201cWe will add far more jobs\u201d in Miami as a \u201cdirect consequence of the mayor\u2019s poor decision here.\u201d<\/p>\n The Citadel boss says<\/a> he\u2019s \u201cfiled a permit\u201d and \u201cadded several hundred thousand square feet of new space\u201d in Miami.<\/p>\n \t\t\tMore From\t\t\t\t\t\t\tPost Editorial Board<\/p>\n Griffin is (understandably) livid that Mamdani\u2019s video put him \u201cin harm\u2019s way,\u201d after UnitedHealthcare CEO Brian Thompson \u201cwas assassinated just blocks from where I live.\u201d<\/p>\n But he also pushed back against this view of businesses and the rich as villains to be squeezed for their cash.<\/p>\n \u201cWe want to be in a state that embraces business\u201d and \u201cpeople having an opportunity to live the American dream \u2014 a dream of earned success,\u201d he thundered, not \u201credistributive handouts that leave people dependent on government\u201d in a way that \u201ctakes away dignity.\u201d<\/p>\n Apollo, too, has ruled out a second headquarters here after Mamdani\u2019s attacks on businesses and biz leaders, Charles Gasparino reports<\/a>.<\/p>\n Some wealth-creators are choosing fight over flight: Steve Roth says Vornado would \u201cstand behind\u201d whoever is mayor, but blasts the phrase \u201ctax the rich\u201d \u2014 the battle cry of posers like Mamdani \u2014 as \u201cdisgusting.\u201d<\/p>\n \t\t\t\t\t\t\tGet opinions and commentary from our columnists\t\t\t\t\t\t<\/p>\n \n\t\t\t\t\t\t\tSubscribe to our daily Post Opinion newsletter!\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\tThanks for signing up!\n\t\t\t\t<\/p>\n He also slammed Hizzoner\u2019s video as \u201cugly,\u201d adding he took it personally: Lefties paint the rich as \u201cevil\u201d or maybe \u201csuckers,\u201d but they\u2019re \u201cthe epitome of the American dream.\u201d <\/p>\n