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Matthew🇺🇸
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Matthew🇺🇸
@AMB429
‘47 ‘45 ride or die since ‘one Five
TrumpTrain26 Katılım Mayıs 2011
427 Takip Edilen324 Takipçiler
Matthew🇺🇸 retweetledi
Matthew🇺🇸 retweetledi

I am the Chairman and CEO of Vornado Realty Trust. Eighty-four years old. Seven buildings in Midtown Manhattan. I said what I said.
I said "tax the rich" is the equivalent of a racial slur. I said it at REBNY. Into the microphone. Eight hundred people. Median net worth in that room was north of $240 million, I know because our CFO ran the guest list through a Bloomberg terminal as a joke, and then it wasn't a joke. And when I said it, twelve people applauded. The rest nodded. One woman in the third row mouthed, "Finally." I saw her.
Sharon, my communications advisor, Columbia, $430,000 a year, very bright, Sharon wants me to walk it back. She drafted something. "Mr. Roth's comments were intended to highlight the emotional impact of political rhetoric on business communities." I read it. I put it in the trash can on my desk. Not the recycling. The trash. Here's my clarification: I understated it.
"Tax the rich" is worse than a slur. A slur is just a word. It doesn't come with a CBO score. Nobody is introducing a bill called the Racial Slur Implementation Act of 2026. But there are seventeen active proposals in Congress, I had Sharon count them, seventeen proposals designed to take more of my money. My money. Mine. Money I acquired by being better at acquiring Manhattan commercial real estate than anyone alive for four consecutive decades. That is not a crime. That is a record.
I pay property taxes on $18.2 billion in assessed assets. $412 million a year. Say it again: four hundred and twelve million. I carry that number. It's the first thing I think about when I see a protest sign. I think: I pay more in property tax than the entire annual budget of the city of Fort Lauderdale. I looked this up. Fort Lauderdale: $408 million. Steve Roth: $412 million. I am a small city. And the city doesn't get screamed at.
My effective tax rate last year was 11.4 percent. I say this because I believe in transparency and because I'm not ashamed of it. The rate reflects the legal structure of real estate investment trusts, depreciation schedules Congress established in 1986, and carried interest provisions that both parties have voted to preserve for forty years. I did not write these laws. I organized my entire financial existence around them with the help of nine full-time tax professionals who have offices on the 38th floor of 888 Seventh Avenue, which I also own. Their office is in my building. Their work protects my buildings. This is not a loophole. Sharon calls it a loophole. I've told her: a structure maintained by nine attorneys across four decades is not a loophole. A loophole is something you slip through once. This is architecture. This is the foundation. This is the building.
Last Tuesday, same as every Tuesday, I walked past 1290 Sixth Avenue. My building. And there was a man. Same man as last week. Same sign: "Billionaires Pay Your Fair Share." He was standing on my sidewalk. My literal sidewalk — my company owns the ground lease. He was maybe thirty. He was wearing a jacket I would estimate cost $60. My lunch that day was $114. For one. I am telling you this not to boast but because these are facts. He has decided I'm his enemy. Based on a number he saw on a Forbes list. He doesn't know what I pay. He doesn't know what my buildings cost this city in construction jobs and lease revenue and foot traffic. He knows one number. He has made one judgment.
I see him every Tuesday. I've started to notice things. He brings coffee from the cart, not the Starbucks. He has a backpack that looks heavy. He doesn't look unhealthy. He looks like he probably works somewhere, but not on Tuesdays. I've wondered: does he have a job? Does he have a building? Does he have anything that depends on him the way 4,200 employees depend on me? I suspect not. And yet he has opinions about my tax rate.
I gave $22 million to charity last year. The Met. NYU Langone. Mount Sinai. I gave a building to NYU. Not money for a building — a building. The Steven Roth Residence Hall. It houses 400 students. That man with the sign has never housed 400 students. He hasn't housed one. He gives cardboard. I give structures. This is not a comparison I'm making to flatter myself. It's just arithmetic.
When I said what I said at REBNY, I was saying what every person in that room believes and none of them will say publicly because they have communications advisors and the communications advisors all went to Columbia and they all say "unhelpful." I'm eighty-four. I'm too old for helpful. I'm too old to perform restraint for people who hate me for something I can't change.
I didn't choose to be rich. I chose to be good at one thing for a very long time, and this is what happened. You don't punish someone for that. You don't legislate against someone for that.
My net worth fluctuates between $3.8 and $4.1 billion depending on the quarter. I fluctuate more in a fiscal week than that man on my sidewalk will earn in his life. Both of these are facts. Only one of them is considered polite to say.
They want me to apologize.
I'll be dead in ten years. Twenty if I'm lucky. And they'll still be renting my buildings.
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Matthew🇺🇸 retweetledi

President @realDonaldTrump drives through the Reflecting Pool at the Lincoln Memorial to see the progress of the project and meet the hardworking team behind it 🇺🇸
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Matthew🇺🇸 retweetledi
Matthew🇺🇸 retweetledi
Matthew🇺🇸 retweetledi

You mean like the transition you led to incoming President Trump?
The one in which you, Biden, Brennan, Comey and Clapper sandbagged Trump with false charges of collusion and then launched the bogus Steele dossier against Trump. Not to mention what you did to countless WH and campaign aides.
TheBlaze@theblaze
Obama: "The White House shouldn't be able to direct the AG to go around prosecuting whoever the president wants prosecuted. You can't have a situation where whoever is in charge of the government starts using that to go after their political enemies or reward their friends."
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Matthew🇺🇸 retweetledi

@michellexotter Ur true Romantic self finally won out !!🥰
Women Posting W's@womenpostingws
A mother otter proudly showing off her baby while the dad showed off a rock
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Matthew🇺🇸 retweetledi
Matthew🇺🇸 retweetledi
Matthew🇺🇸 retweetledi

Happy #CincoDeMayo! The best taco bowls are made in Trump Tower Grill. I love Hispanics! facebook.com/DonaldTrump/po…

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Matthew🇺🇸 retweetledi
Matthew🇺🇸 retweetledi
Matthew🇺🇸 retweetledi

@SenWarren A Ronald Reagan Judge doesn’t mean anything anymore - the Republicans get hoodwinked all the time - actually Bush judges are worse than far leftists appointed judges especially going against Trump
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@charlooferz Well if I was near by and u were down for it- I would be spending my time making u cum & feel good 😊
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@OutFrontCNN @jaketapper @tamaraqiblawi Yet mysteriously @cnn never found any video of the over 115 strikes on our bases in Iraq & Kuwait by the Houthi’s-i.e IRAN during Autopens last 9 months in office causing brain Trauma to troops
Nor that they halted most maritime traffic in the sea for months @cnn barely reported
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A CNN investigation reveals a majority of U.S. military sites in the Middle East are damaged by Iranian strikes. @tamaraqiblawi’s report:
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