
Trump vs. Mamdani: NYC Tax Feud
About this episode
Former President Donald Trump and New York City Mayor Zohran Mamdani find themselves on opposite sides of a contentious tax debate. Trump criticizes the proposed tax on second homes worth over $5 million, while Mamdani defends it as a necessary measure to address the citys budget shortfall. Despite online tensions, Mamdani maintains a working relationship with Trump, emphasizing the citys love for New York. As the citys financial struggles persist, the tax push between city hall and the White House remains a hot topic.
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Entertainment & Celebrity News Today | 2 Min News | The Daily News Now! — Trump vs. Mamdani: NYC Tax Feud. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On April 17, President Donald Trump just went off on New York City mayor Zoraan Mamdani over a new proposed tax on second homes worth more than $5 million. The plan, backed by Governor Kathy Hoechul, aims to pull in $500 million to tackle the city's $5.4 billion budget. Shortfall. This marks the sharp shift from Trump's more friendly vibe during recent White House chats with Mamdani. On true social, Trump slammed the mayor for wrecking the city with bad tax moves, saying folks are bolting and it won't end well. Mamdani calls it a smart fix for a huge money crunch, hitting only the super rich who leave those homes empty most of the year. Hocal backed him up. Noting if you can drop $5 million on a vacation spot, you can chip in like everyone else. Despite the online fire, Mamdani told CBS Mornings they're working by on hold strong. They're still talking and both got love for New York. He painted it as that classic big apple mix of beef and respect.
Tensions might simmer, but with the city's cash woes mounting, watch how this tax push plays out between city hall and the White House. This has been Entertainment and celebrity news today, powered by AI. I'm Corey with The Story.
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