24 April 2026Policy & Regulation
Citadel's Griffin slams tax proposal pitched from his penthouse
Ken Griffin accused New York policymakers of using his $230m penthouse to pitch tax increases he would pay for, escalating the billionaire's war against state and local revenue grabs targeting financial services. The Citadel founder called out specific officials for hosting fundraisers in his Billionaire's Row property while simultaneously advocating policies that would drive high earners to Florida and Texas. Griffin already moved Citadel's headquarters from Chicago to Miami partly over tax policy, costing Illinois an estimated $200m in annual revenue. New York's proposed millionaire's tax faces similar pushback from finance leaders who control mobile capital and jobs.
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