New York City Mayor Responds to Jeff Bezos Tax Comments

New York City Mayor Zohran Kwame Mamdani responded on social media to a video clip of Jeff Bezos discussing federal taxes. The clip, shared by journalist Aaron Rupar, shows Bezos stating that doubling his taxes would not help a teacher in Queens. Mamdani replied that he knows teachers in Queens who would disagree with that assessment.

Bezos, who lives in Florida, owns property in New York City and pays property taxes there. The discussion in the clip focused on federal income taxes rather than local taxes.

7 billion in taxes in 2024. 6 billion worth of Amazon stock during a year when the company's share price rose 46 percent. 8 trillion for the previous year. Bezos said in the interview that even higher taxes on his income would not directly change salaries, rents, or grocery costs for residents in Queens. The federal budget process determines how tax revenue is allocated across the country.

Mamdani has proposed a pied-à-terre tax on certain properties in New York City. Property taxes on Bezos' New York holdings would increase under that proposal. The original interview clip did not address local property taxes.