Billionaire Jamie Dimon Calls Mamdani’s Tax Proposals ‘Embarrassing’
BreakingBusinessBillionaire Jamie Dimon Calls Mamdani’s Tax Proposals ‘Embarrassing’ByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorMay 29, 2026, 08:21am EDTToplineJPMorgan Chase CEO Jamie Dimon on Friday criticized New York City Mayor Zohran Mamdani’s tax proposals, calling his policies “embarrassing,” as state legislators are set to vote on an additional tax on single-family homes worth $5 million or more. “Don’t try to raise more taxes or spend more money, sit down and fix policy,” the JPMorgan Chase executive said.Getty ImagesKey Facts“Don’t try to raise more taxes or spend more money,” Dimon told Fox News, adding, “It’s frustrating. It hurts. It’s embarrassing, and it always hurts the civilians of our country.”This is a developing story.Got a tip? Share confidential information with Forbes.Editorial StandardsReprints & PermissionsLOADING VIDEO PLAYER...FORBES’ FEATURED Videoالمصدر: Forbes Business | Source: Forbes Business
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