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Pity the poor billionaires – demands for higher taxes must feel hurtful | Arwa Mahdawi

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W on’t anyone think of the poor, poor, billionaires? Their endless money can buy them political power, but it can’t buy them love. Instead of being worshipped by the hoi polloi, titans of industry are denounced! Despised! Disrespected! Insert another D-word of your own! Thankfully, class solidarity is strong among the super-rich. Steve Roth bravely brought attention to the plight of his fellow billionaires during a recent earnings call. “I consider the phrase ‘tax the rich’ … spit out with anger and contempt by politicians … to be just as hateful as some disgusting racial slurs,” the Vornado Realty Trust CEO said. One of the politicians Roth was referencing, New York mayor Zohran Mamdani, has himself been subject to some “disgusting racial slurs”. The city’s first Muslim mayor was termed a “ known jihadist terrorist ” (among other Islamophobic names) by figures including fellow New York politician Vickie Paladino.…

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