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Business · Video brief

New York real estate titan likens the phrase ‘tax the rich’ to racial slurs

New York billionaire Steve Roth stirred controversy by comparing the phrase 'tax the rich' to racial slurs during an earnings call. He criticized new taxes on luxury homes, arguing that the wealthy contribute significantly to state income t...

The Guardian· May 6, 2026 · 5:31 PM · 28 views

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New York billionaire Steve Roth stirred controversy by comparing the phrase 'tax the rich' to racial slurs during an earnings call. He criticized new taxes on luxury homes, arguing that the wealthy contribute significantly to state income taxes. His remarks have ignited a debate over wealth and taxation, raising questions about New York's economic future. #TaxTheRich #Billionaire #NewYork #Economy #RealEstate

Originally reported by The Guardian. Read the full story →

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