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SignificantEconomyThe Independent·The Independent

Trump says he’s looking into a federal block of Mamdani’s ‘dangerous’ pied-a-terre tax

Former President Donald Trump stated he is investigating a federal block of New York City's "pied-a-terre" tax on luxury properties. The tax, passed by the City Council, is projected to generate $500 million annually for the city.

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Tuesday, August 11, 2026 at 05:59 PM EDT
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