Jamie Dimon Warns High Taxes Could Push People Out of New York  — but Wall Street Isn't Leaving Yet

Jamie Dimon warns high taxes could push people out of New York  — but Wall Street isn't leaving yet

Jamie Dimon said high taxes could drive employees out of New York City.John Lamparski/Getty ImagesJamie Dimon said JPMorgan's Texas workforce is booming, as its NYC workforce shrinks.He said high corporate and individual income taxes could push people and businesses out of the city.His warnings haven't come true yet — in the first quarter, demand for NYC office space was up.Jamie Dimon warned that companies could leave high-tax cities like New Y…

JPMorgan Chase CEO Jamie Dimon's Annual Letter to Shareholders Warns of the Dangers Facing NYC Under Mamdani

In his annual letter to shareholders, JPMorgan Chase CEO sent a warning to businesses trying to survive in NYC under radical socialist Mayor Zohran Mamdani.

Jamie Dimon Has Bad News For NY — And Red State May Reap The Rewards

Tax an individual enough and they will vote with their feet, warned JPMorgan Chase CEO Jamie Dimon in his annual shareholder letter on Monday.  Dimon’s already making the move for JPMorgan Chase by employing more people in his Dallas office than in the company’s New York City headquarters. The banker added that the trend will only continue. Over the past decade, JPMorgan has reduced its New York City headcount from 30,000 to 24,000, while expand…

Dimon Warns NYC Businesses Are Already Fleeing as Socialist Mayor Pushes Massive Tax Hikes

JPMorgan Chase CEO Jamie Dimon put Mayor Zohran Mamdani on notice Monday: keep hiking taxes and watch Wall Street leave. In his annual shareholder letter, the 70-year-old Queens native said New York City already carries the highest corporate and individual tax burden in the country. Businesses are responding in kind. “You can already see a fairly large exodus of people and jobs out of some states with high taxes and high expenses,” Dimon wrote. …

JPMorgan Chase CEO Jamie Dimon warns of business ‘exodus’ from NYC as Mamdani, lefty pols push for tax hikes

JPMorgan Chase CEO Jamie Dimon issued a thinly veiled warning to New York City Mayor Zohran Mamdani on Tuesday, saying crushing taxes and red tape are already sparking a "large exodus" of businesses out of the Big Apple.