Saturday, 27 June, 2026
Bezos and O’Leary Slam NYC Mayor Over Luxury Tax Clash
By TechShots Studio
Amazon founder Jeff Bezos heavily criticized New York City Mayor Zohran Mamdani's new "pied-à-terre" luxury tax, warning that excessive taxation could backfire on the city. Bezos mocked city efficiency, stating that if Amazon were run like NYC’s school system, package deliveries would take weeks. Canadian billionaire Kevin O’Leary joined the debate, labeling the tax plan "beyond insane" and predicting it will drive wealthy residents to Florida.
Read full story at TIMES OF INDIA