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Jamie Dimon warns cities risk a business exodus over taxes and regulation

JPMorgan Chase CEO Jamie Dimon warned that New York City risks losing businesses and workers to states with lower taxes, citing the city’s high corporate and individual tax rates.

JPMorgan Chase CEO Jamie Dimon warned that New York City and other cities with high taxes and regulatory burdens run the risk of losing businesses and workers to locales with more hospitable business climates.
Dimon released his annual letter to shar… [2836 chars]

Source: Fox Business | Published: 2026-04-07T17:06:37Z

Credit: Fox Business

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