“taxing wealth takes capital out of these companies, limiting worker productivity gains and the growth in future wages
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“there were "potential trade-offs" that include more administrative costs and less flexibility for companies, including making it "harder for employers to respond to changes in demand"
“the cost to employers was "disproportionate" compared to how much it would help workers
“Merely the threat of a more hostile tax and regulatory environment has been enough to chill investment in New York City, and that’s already impacting prices,
“questioned whether the reforms would "actually deliver value for workers"
“The path we are on is clear. AI will make a small number of investors and executives even richer, while it eliminates jobs for millions of Americans — and the government does nothing about it.
“it would be "a further hammer blow" for companies that are struggling
“slowly but surely, landlords have less to invest in their properties.
“Trump’s AI boom will only make the American worker more productive.