← Back to articles
Personal finance expert Ramit Sethi criticizes billionaire Bill Ackman for posting lengthy Twitter rants opposing New York's proposed luxury property tax.
Yahoo Finance AI · April 20, 2026
AI Summary
- •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
Related Articles
AI Stocks & Markets
Salesforce launches Agent Albert to counter Wall Street fears that generative AI will render traditional enterprise software platforms irrelevant.
THE DECODER·Apr 20, 2026
AI Stocks & Markets
Nvidia's explosive growth in AI chips comes at the cost of alienating its gaming community, which once kept the company afloat.
Yahoo Finance AI·Apr 20, 2026
AI Stocks & Markets
Amazon's Q1 earnings on April 29 expected to show strong retail and cloud growth, but investors scrutinize profit margins amid AI expansion.
Yahoo Finance AI·Apr 20, 2026
AI Stocks & Markets
Micron's strong earnings performance contributes significantly to S&P 500 growth, driven by surging demand for AI-related semiconductor products.
Yahoo Finance AI·Apr 20, 2026
AI Stocks & Markets
Amazon's stock receives analyst upgrades as AWS cloud division capitalizes on surging artificial intelligence demand ahead of quarterly earnings reports.
Yahoo Finance AI·Apr 20, 2026
Stay ahead with AI news
Get curated AI news from 200+ sources delivered daily to your inbox. Free to use.
Get Started Free