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Latest / The Smerconish Podcast

Billionaires vs. Mamdani: The NYC Tax Fight Turning Ugly

Michael dives into the explosive backlash surrounding New York Mayor Zohran Mamdani’s new “pied-à-terre” tax targeting ultra-wealthy property owners who do not live in the city full-time. After billionaire hedge fund manager Ken Griffin blasted Mamdani’s viral “tax the rich” video and threatened to expand jobs outside New York, Michael asks a provocative question: Has “tax the rich” become a political slur? Listeners from across the country weigh in on wealth inequality, fairness, capitalism, philanthropy, and whether aggressive taxation could push jobs and investment out of major cities…

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