New York City Mayor Zohran Mamdani pushed back on comments from Amazon founder Jeff Bezos on Wednesday after the billionaire argued that higher taxes on wealthy Americans would do little to help working-class residents.

Bezos made the remarks during an appearance on CNBC with Andrew Ross Sorkin, where he was asked about progressive tax proposals championed by lawmakers such as Mamdani that would require top earners to pay a larger share in taxes than lower-income Americans.