SignificantEconomyfoxbiz·Fox Business
Trump warns new Hochul, Mamdani pied-à-terre tax could accelerate NYC wealth exodus

President Donald Trump warned that New York City's luxury second-home surcharge could accelerate wealth exodus from the city. The policy faces legal battles and scrutiny.
Impact Score
7/10
Tuesday, August 11, 2026 at 04:10 PM EDT
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