Bezos questions NYC school funding, urges root-cause fixes over tax hikes

1 min read
Source: The Times of India
Bezos questions NYC school funding, urges root-cause fixes over tax hikes
Photo: The Times of India
TL;DR Summary

Jeff Bezos said on CNBC that New York City's public-school spending (about $44,000 per student) is inefficient and wouldn’t be tolerated in business, arguing funds don’t reach teachers and calling for root-cause solutions rather than higher taxes on the wealthy; NYC Mayor Zohran Mamdani responded, while Bezos and the family later pledged up to $150 million for early childhood education in NYC (including a $100 million donation and $25 million contingent on matching funds) to support expanded childcare programs.

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