100 Percent Fed Up By Donald
President Trump on Wednesday evening signaled he’s willing to hit New York City right in the wallet if its newly elected mayor pushes ahead with a sweeping new tax on the wealthy. The warning landed on Truth Social and came in response to a plan the mayor unveiled alongside Governor Kathy Hochul this week — a proposal that would roughly double the property tax on New York’s most expensive second homes.
The so-called “pied-à-terre” tax would apply to second homes in the city valued at $5 million or more, with the mayor’s team estimating it could generate as much as $500 million in annual revenue. Roughly 13,000 properties would be affected — many of them owned by out-of-state buyers, foreign investors, and the Wall Street class that has made Manhattan a top destination for the ultra-wealthy for decades.
In his Truth Social post, Trump didn’t hide his view. He framed the new tax plan as part of a broader pattern he believes is driving residents and businesses out of the city — and made clear federal money flowing to New York could be on the chopping block…
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