AI & Machine Learning

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

Ali Nemati7 hours ago27 sec read2 views0 listens

Jamie Dimon warned that high corporate and individual income taxes could push businesses and individuals out of New York City, citing JPMorgan's own workforce shift from New York to Texas. Despite these concerns, the first quarter saw increased demand for office space in Manhattan, with AI companies leading the way, indicating that tech professionals may still find opportunities in the city despite tax pressures.

Read the full article at Business Insider

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Ali NematiWritten by Ali

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