Personal finance expert Ramit Sethi criticizes billionaire Bill Ackman for posting lengthy Twitter rants opposing New York's proposed luxury property tax.

Ramit Sethi called out Bill Ackman on X (Twitter) for posting a 40,000-word incoherent rant opposing New York's secondary home tax proposal

Sethi contrasted modern wealthy individuals' social media behavior with historical philanthropy, noting that rich people used to build libraries instead

NYC Mayor Zohran Mamdani announced support for a new tax targeting high-end properties as part of efforts to tax the wealthy

The exchange highlights tension between wealthy business leaders and tax policy supporters during tax season discussions