Trump rails against NYC pied-à-terre tax, hints at federal intervention
TL;DR
President Donald Trump blasted New York City's pied-à-terre tax on second homes over $5 million and suggested the federal government might intervene to stop it, as a Staten Island judge briefly paused the rollout; Mayor Zohran Mamdani defended the plan, Gov. Kathy Hochul backed it as a fair charge to fund city services, and Trump Tower’s penthouse is likely subject to the tax, highlighting a political clash over New York’s wealth taxes.
Topics:nationpolitics#donald-trump#kathy-hochul#new-york-city#pied-a-terre-tax#politics#zohran-mamdani
- Trump lambasts pied-à-terre tax he will likely have to pay Politico
- Trump says NYC pied-à-terre tax 'must be stopped,' eyes federal block CNBC
- New York City homeowners claim they're overpaying taxes: 'We want a refund' ABC7 New York
- Judge’s Ruling on Second-Home Tax Deals Temporary Setback to Mamdani The New York Times
- Judge pauses pied-à-terre tax rollout after homeowners allege botched launch Crain's New York Business
Want the full story? Read the original reporting
Read on Politico