Vornado CEO equates 'tax the rich' with slurs, champions the 1%
On a Vornado Realty Trust earnings call, Steve Roth said the phrase 'tax the rich' is as hateful as racial slurs and argued the top 1% drive New York’s economy and taxes; he defended Ken Griffin against mayor Mamdani’s Pied-à-terre tax critique, noted Vornado paid about $560 million in real estate taxes, and suggested Griffin could help back like-minded candidates to grow the tax base.