Former White House communications director Anthony Scaramucci has a novel way of describing his relationship with government: he's the junior partner in a business he doesn't control.
In a post on X on Tuesday, Scaramucci framed his dealings with elected officials as a kind of involuntary private equity arrangement. "I live in New York and I'm a minority partner in my own life. My general partners are Donald Trump, Mayor Mamdani and Governor Hochul," he wrote, adding, "Because when a dollar comes in, I get to keep $0.48."
It's a colorful way of saying taxes are high. But Scaramucci's point wasn't just about the bill. He argued that government affects everyone, regardless of income, adding, "even if you're in a lower tax bracket than me, these people are your partners too."
Scaramucci said elected officials oversee essential services, including streets, subways and sanitation. "Good executive leadership mean a cleaner road, a better subway, trains running on time," he wrote.
He added that improved public services could attract tourists who spend money at restaurants, attend Broadway shows and shop at local businesses. In other words, the general partners' job performance shows up in everyone's returns.
Scaramucci Urges Civic Engagement
He also urged people to remain engaged in civic life, writing, "When you check out of civic life, you're failing your responsibility to the people around you."
"I don't want to live in a barbed wire McMansion behind a security perimeter while my neighbors are suffering," Scaramucci added.
He said he wanted his neighbors to believe their children could build a successful future in America.
Growing Wealth Inequality
In July, former Transportation Secretary Pete Buttigieg argued that the U.S. tax system placed too much pressure on working Americans while allowing some wealthy people to pay lower effective tax rates. He called for greater investment in health care, education and infrastructure.
Sen. Bernie Sanders (I-Vt.) criticized economic inequality, saying billionaires were getting richer while working families struggled. He called for a grassroots movement to build an economy that benefited working Americans and criticized Trump's "Big Beautiful Bill" as "the worst piece of legislation in modern history."
Scaramucci warned that wealth inequality could trigger political backlash, urging wealthy Americans to find "a market-based way to spread the wealth" to prevent policies that undermine economic incentives.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by MarketDash editors.
