REUTERS/Brian Snyder
- Jamie Dimon said increasing taxes for the rich could enable tax cuts for lower-income workers.
- He said his New York friends "hate" him for wanting to tax the wealthy more.
- "This is like a no-brainer to lift up society," he said at a panel at the Bipartisan Policy Center.
JPMorgan's CEO Jamie Dimon said that rich people should pay more taxes to help struggling lower-income Americans.
Speaking at a panel discussion in Washington with the Bipartisan Policy Center on Friday, Dimon discussed how the high cost of living is leaving some people behind.
"That population of lower-income folks have more crime, worse health, less good schools," he said.