"The world’s 500 richest people added a record $2.2 trillion to their collective fortunes last year."

"About a quarter of that went to just eight Big Tech billionaires: Jeff Bezos, Sergey Brin, Michael Dell, Larry Ellison, Jensen Huang, Elon Musk, Larry Page, & Mark Zuckerberg."

"In New York, Mamdani has proposed raising the state corporate tax rate from 8.85% to 11.5% & hiking taxes for individuals who make more than $1 million a year."

juancole.com/2026/01/mamdani-f

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