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CNBC host battles Elizabeth Warren over raising taxes in New York City as senator defends Mamdani
Fox News ^ | Hanna Panreck

Posted on 08/04/2025 1:33:29 PM PDT by RoosterRedux

CNBC host David Faber battled Sen. Elizabeth Warren, D-Mass., over raising taxes in New York City and Democratic socialist Zohran Mamdani's economic policy proposals on Monday in a fiery back and forth.

"You mentioned Mamdani and you are in New York sort of speaking on behalf of him to a certain extent," Faber said on CNBC's "Squawk on the Street." "New York does not operate in a vacuum. It competes with other cities. And so this idea of somehow raising taxes on the wealthiest New Yorkers, who, by the way, would point out pay roughly 15 percent of their income right now between city and state. Raising taxes on them will simply drive them away."

"Shouldn’t the focus of a mayor be on delivering services to the constituents of the city and doing that by raising the most revenue as possible without chasing businesses and the high-income taxpayers out of the city?" he asked. "Because they can go to Austin. They can go to Dallas. They can go to Atlanta. They can go to Nashville. This is your issue. It’s a national issue, not a local issue."

Warren argued the issue was affordability and argued New Yorkers can't afford groceries or housing in the city, as Faber agreed that affordability was a problem but pushed back and asked, "But raising taxes in order to do it – why is that the answer?"

"Oh dear, are you worried that billionaires are going to go hungry?" Warren mockingly responded.

"No, I’m worried that they’re going to leave and spend their money elsewhere!" Faber hit back.

Warren said that billionaires always threaten to do that, while Faber argued that big companies actually do move elsewhere.

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


TOPICS: Business/Economy; News/Current Events; US: Massachusetts; US: New York
KEYWORDS: curtissliwa; elizabethwarren; kathyhochul; massachusetts; newyork; newyorkcity; squawheapbigmad; zohranmamdani
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1 posted on 08/04/2025 1:33:29 PM PDT by RoosterRedux
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To: RoosterRedux

It will all be so equal!

...after anybody with any money leaves.


2 posted on 08/04/2025 1:35:14 PM PDT by Carry_Okie (The tree of liberty needs a rope.)
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To: All

Gray Beaver spend too much time in teepee smoking skunk weed.


3 posted on 08/04/2025 1:35:45 PM PDT by RoosterRedux ("There's nothing so inert as a closed mind" )
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To: Carry_Okie

Yep. The Left’s god is its ideology. She’s just virtue signaling to her god (like singing a hymn).


4 posted on 08/04/2025 1:37:32 PM PDT by RoosterRedux ("There's nothing so inert as a closed mind" )
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To: RoosterRedux

Fauxcahontas put the “I” in the word “idiot.”


5 posted on 08/04/2025 1:40:41 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: RoosterRedux

Of course Warren likes Mandani two Jew haters peas in a pod


6 posted on 08/04/2025 1:48:26 PM PDT by Sarah Barracuda
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To: RoosterRedux

Isn’t Farber a lib?


7 posted on 08/04/2025 1:50:10 PM PDT by God luvs America
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To: RoosterRedux

And Faber is a huge DEMOCRAT!


8 posted on 08/04/2025 1:52:14 PM PDT by Ann Archy (Abortion.....the HUMAN Sacrifice to the god of Convenience.)
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To: Seruzawa

Otherwise its just DOT.


9 posted on 08/04/2025 1:53:01 PM PDT by Ann Archy (Abortion.....the HUMAN Sacrifice to the god of Convenience.)
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To: RoosterRedux

SHE IS ONE DUMB SQUAW


10 posted on 08/04/2025 1:55:03 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: RoosterRedux

Squawking Squaw.


11 posted on 08/04/2025 1:55:11 PM PDT by Texas Eagle ("Throw me to the wolves and I'll return leading the pack"- Donald J. Trump)
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To: RoosterRedux
> CNBC host David Faber battled Sen. Elizabeth Warren… <

In related news, someone fired seven arrows at Mr. Faber’s car. Two tires were punctured and the car’s finish was damaged. The police have just one suspect in mind.


12 posted on 08/04/2025 2:03:32 PM PDT by Leaning Right (It's morning in America. Again.)
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To: RoosterRedux

Warren said that billionaires always threaten to do that, while Faber argued that big companies actually do move elsewhere.


1- NY state and NYChitty have had record numbers of people leaving this third world craphole for red states like Florida the past six years....

2- word is major banks will flee NYChitty for Miami if ayatollah mamdani is elected...

3- pocohontas talks about making NYChitty affordable yet doesn’t mention her party caused the problem- allowing 15 million illegals to invade the country- a problem compounded when the idiot governor of NY invited them to the state....let 15 million people illegally enter the nation, you’re going to have a housing and affordability issues...


13 posted on 08/04/2025 2:08:59 PM PDT by God luvs America
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To: RoosterRedux

https://babylonbee.com/news/fake-indian-endorses-real-indian


14 posted on 08/04/2025 2:09:52 PM PDT by DFG
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To: RoosterRedux

Gray Beaver spend too much time in teepee smoking skunk weed.
≈==========
Grey Beaver has ⁶$hit for brains and when she recently fell on her a$$ in the Senate chamber she got at concussion.


15 posted on 08/04/2025 2:13:56 PM PDT by IAGeezer912 (One out of every 20 people on the face of the earth are Americans. We have won life's lottery.)
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To: God luvs America

Point #3 — Excellent!


16 posted on 08/04/2025 2:18:40 PM PDT by Starboard
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To: RoosterRedux

“Warren argued the issue was affordability and argued New Yorkers can’t afford groceries or housing in the city”

... and whose fault is that?

The left completely owns the problems in the large urban cities and installing a communist mayor is going to destroy what’s left of NYC.


17 posted on 08/04/2025 2:21:26 PM PDT by plain talk
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To: RoosterRedux

David Faber (CNBC) asked some good questions, but he is definitely not a GOP or Trump-friendly business journalist.


18 posted on 08/04/2025 2:36:49 PM PDT by zeestephen (Trump Landslide? Kamala lost the election by 230,000 votes, in WI, MI, and PA.)
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To: RoosterRedux

If Mamdani wins he’ll crown himself Supreme Leader of NYC and take everything anyway ,LOL


19 posted on 08/04/2025 2:46:02 PM PDT by butlerweave
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To: RoosterRedux

One thing about Warren. I thought I despised her to my limit but now she’s done something even worse and I pushed to a new outer limit.

She’s the harridan men dread being around as a student or an employee.

Definition: (Warren’s picture sure to accompany this soon)

A shrew.

A strict, bossy, or belligerent old woman.

“a bullying old harridan”.


20 posted on 08/04/2025 3:50:59 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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