Novara Media | Billionaire New York City Landlord Thinks ‘Tax the Rich’ Is a Slur by Joshua Carroll AI generated summary, Read the full article for complete information. A New York‑based billionaire landlord, Steve Roth, CEO of Vornado Realty Trust, likened the phrase “tax the rich” to a hateful racial slur during the company’s quarterly earnings call, arguing that it is spoken with anger and contempt by politicians. Roth also referenced the controversial slogan “from the river to the sea” used by anti‑genocide protesters. His remarks came after Mayor Zohran Mamdani announced a new surcharge on homes worth over $5 million owned by out‑of‑city ultra‑wealthy residents—a measure supported by 93 % of New Yorkers and aimed at curbing the use of New York real‑estate for wealth storage. Roth criticized the mayor’s timing, which occurred in front of billionaire Ken Griffin’s $238 million penthouse, and defended the rich as the “top of the great American economic pyramid” who should be praised and thanked. The mayor’s office, meanwhile, warned that the tax system is broken, favoring extreme wealth while ordinary workers struggle. Read more: https://novaramedia.com/2026/05/11/billionaire-new-york-city-landlord-thinks-tax-the-rich-is-a-slur/ #SteveRoth #VornadoRealtyTrust #ZohranMamdani #KenGriffin #NewYorkCity