"Jamie Dimon Advocates Taxing the Wealthy to Support Lower-Income Families"

JPMorgan Chase CEO Jamie Dimon advocates for taxing the wealthy more to provide financial support for low-income populations through the earned income tax credit (EITC). He emphasizes the need to address income inequality and suggests expanding the EITC while increasing taxes on wealthier Americans to fund it. Dimon's stance aligns with his belief that the current tax code contains unnecessary breaks, prompting a response from former House Speaker Paul Ryan regarding the State And Local Tax deduction.