Trump says NYC luxury second-home tax “doesn’t work in America” and “must be stopped, NOW!

President Trump is considering federal action against New York City’s new tax on luxury second homes, a policy pushed by Mayor Zohran Mamdani and currently blocked by a Staten Island judge. Trump posted on social media that the tax would drive affluent residents out of the city and cost both the city and state far more than it could raise, while vowing to examine whether the federal government has legal authority to halt it. Attorney General Todd Blanche said the Justice Department and other agencies are reviewing possible options, but no lawsuit has been filed. Mamdani defends the levy as essential revenue for parks, schools, and libraries. The dispute highlights tensions between local taxing powers and potential federal intervention.