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NYC business leader warns exodus is brewing over Zohran Mamdani’s tax hike crusade: ‘Exploring options’
NY Post ^ | 4/05/26 | Carl Campanile

Posted on 04/05/2026 3:24:49 PM PDT by Libloather

The head of an influential Big Apple business advocacy group warned that companies are already taking steps to relocate or move jobs elsewhere because of Mayor Zohran Mamdani’s tax-hike crusade.

Steve Fulop, CEO of the Partnership for the City of New York, said many corporations are considering leaving or shifting their workforces to less costly states after it was revealed $900 billion asset manager Apollo Global Management is plotting a second US headquarters in the Sunbelt.

“In the last week, there have been several [major companies] in the Partnership that have said they’re going down the same road [as Apollo], exploring options in Florida and Texas,” Fulop said Sunday on 77 WABC Radio’s “Cats Roundtable.”

“Some of these [firms] … are major New York City brands that have been headquartered here for 100 years. The fact is – they’re leaving,” Fulop told host John Catsimatidis.

Fulop later declined to name the firms seriously weighing abandoning or de-emphasizing jobs in the Big Apple when contacted by The Post.

“I’m not going to get into specific names or speculate on who is down the road of leaving,” Fulop said. “It’s not appropriate to front-run a company announcement, especially when many of these firms have large employee bases in New York.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Conspiracy; History; Local News
KEYWORDS: business; crusade; options; taxes

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Madmani doesn't have clue. I wonder if he can be removed.
1 posted on 04/05/2026 3:24:49 PM PDT by Libloather
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As of today, there are two ways a New York City mayor can be removed.

The New York governor is able to serve a NYC mayor with charges, after which said mayor would have a chance to defend themself – the governor would then decide personally whether to remove them.

The alternative is a bit more complicated.

The City Charter cites that a special committee can be assembled to remove a mayor: an inability committee.

https://www.fox5ny.com/news/new-york-city-mayor-voters-remove-office


2 posted on 04/05/2026 3:25:59 PM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: Libloather

Mami doesn’t have a clue what is happening. He is totally out of it. He should be waiting tables........


3 posted on 04/05/2026 3:28:47 PM PDT by chopperk (,)
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To: Libloather

Redistribution of Wealth sounds like a swell idea — until you run out of other people’s money. Or until the other people move to another state.


4 posted on 04/05/2026 3:29:56 PM PDT by ClearCase_guy
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To: Libloather

Watch Jaime Diamond....if Chase leaves.....watch out! There will be a FLOOD leaving...forever.


5 posted on 04/05/2026 3:37:36 PM PDT by DCBryan1 (Inter arma enim silent leges! - Cicero )
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To: Libloather
If this "warning" is supposed to pressure Zohran into backing down, forget it.

Just get out.

6 posted on 04/05/2026 3:40:51 PM PDT by Salman
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To: Libloather

Why? They elected him.


7 posted on 04/05/2026 3:41:50 PM PDT by Fledermaus ("It turns out all we really needed was a new President!")
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To: Libloather
as floated a menu of tax hikes to generate money for the city that includes increasing income taxes on the wealthy, boosting the estate tax and upping the corporate tax.

Does any politician realize that you can also balance a budget by cutting spending? I just typed in

"Are there any obvious programs in the NYC budget that could be cut or reduced to balance the budget"

to ChapGPT and got a list of over a dozen ways Mamdani could cut spending. Try it on your own AI engine.

8 posted on 04/05/2026 3:59:49 PM PDT by econjack
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To: Libloather

I hope Katz’ Deli survives.


9 posted on 04/05/2026 4:14:29 PM PDT by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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To: chopperk

He’d fail there also. A good waiter needs a good memory and associative abilities. The little muzzie turd fits only in places where failure is a feature. Biden should have had him on his cabinet.


10 posted on 04/05/2026 4:21:05 PM PDT by Da Coyote
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To: chopperk
Mami doesn’t have a clue what is happening. He is totally out of it. He should be waiting tables........

The dog finally sank his teeth, nice and firmly, into the tire.

11 posted on 04/05/2026 4:23:44 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: Libloather

“...many corporations are considering leaving or shifting their workforces to less costly states...”

The best option for businesses in NY is to keep the motor running.

wy69


12 posted on 04/05/2026 4:27:57 PM PDT by whitney69 (uestiuetion and interpret the answer.)
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To: econjack
and got a list of over a dozen ways Mamdani could cut spending.

and got a list of over a dozen ways Mamdani won't cut spending.

Fixed it.

13 posted on 04/05/2026 4:29:13 PM PDT by 17th Miss Regt (Fascist, deplorable, and proud of it!)
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To: Libloather

Cut spending ? The democrats never especially the communist part


14 posted on 04/05/2026 4:53:27 PM PDT by butlerweave (Fateh)
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To: chopperk

......................”(Mamdammit) should be waiting tables........”

He’d screw up all the orders. Dishwasher or maybe GarbageMan would be better jobs for him.


15 posted on 04/05/2026 5:01:38 PM PDT by Veto! ((Trump is Superman))
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To: Libloather

Exalted People’s Leader Mamdani:
“No, I will not let your people go.”

Waiting for a parting of the garbage barges and thickly polluted water.


16 posted on 04/05/2026 5:28:02 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls. )
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To: Libloather

No, leave him alone. Let him do his thing. We can use New York, Minneapolis, Chicago and San Francisco as examples. No one cared when Jackson Mississippi didn’t have potable water, or New Orleans returned to its old ways (corruption in Louisiana is considered a feature, not a bug). But when New York has to be walled off from America, maybe folks will notice.


17 posted on 04/05/2026 6:07:25 PM PDT by PAR35
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To: DCBryan1

Chase has already moved over 12,000 employees to a ‘major’ city of under 300,000 people and is expanding facilities to accommodate another 4,000.

So soon to be 16,000 or so compared to about 24,000 in New York City. Wouldn’t be surprised for some of the top dogs there to start looking for ‘no income tax’ed desks here.


18 posted on 04/05/2026 6:15:23 PM PDT by PAR35
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To: Libloather

BREWING????

PLANS SHOULD BE ALMOST FINALIZED BY NOW


19 posted on 04/05/2026 6:33:43 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: Libloather

Tax hike crusade? Let’s be ecumenical here.

Tax hike jihad.


20 posted on 04/05/2026 7:00:08 PM PDT by heartwood
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