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Infuriated Trump threatens NYC 'Jihadists' for taxing elites' glitzy second homes
['Alexander Willis', 'Tara Dublin', 'Jason Miciak']
Raw Story
President Donald Trump floated the idea of intervening in New York City’s new tax policy on secondary homes spearheaded by Democratic Mayor Zohran Mamdani, while also letting fly a series of attacks on city officials and leaders he dubbed as “Radical Left Jihadists.”
Taking effect on July 1, New York City’s new pied-à-terre tax institutes an annual surcharge on luxury New York City homes valued above $5 million that aren't used as the owner's primary residence, and is expected to generate at least $500 million a year.
The tax has sparked outrage among conservatives, including Trump.
Trump wrote on his social media platform Truth Social.
“Financial, and then Social, RUIN, is a 100% certainty - And then the Radical Left Jihadists charge Congestion Pricing on top of everything else.