Billionaire Investor Ken Griffin's Citadel Seeks Relief from New York's Tax Burden Billionaire investor Ken Griffin's financial firm Citadel is pushing back against a proposed tax plan in New York, which could significantly increase the company's tax liability. The plan, aimed at closing tax loopholes and raising revenue for the state, would impose a minimum tax on companies like Citadel that have paid little or no state tax in recent years. Citadel's opposition to the plan suggests that the firm is concerned about the potential impact on its bottom line, as it has already relocated its headquarters from Chicago to Miami in part due to high tax rates in Illinois. As New York lawmakers debate the proposal, Citadel's stance highlights the complex and contentious nature of tax policy in the US.
News | Citadel pushes back on New York tax plan CoStar
