Mayor Zohran Mamdani is just the latest in a long line of tax-the-rich politicians eager to go after America’s business elite — but he should consider how one such war on wealth enriched and empowered the city over which he now presides.
If not for Cleveland, Ohio, New York’s rise as the nation’s undisputed center of capital, commerce and culture may never have happened.
By 1914, John D. Rockefeller was already the richest man in America…