Trump vs NYC’s Billionaire Tax | New York City News

New York City News Today | 2 Min News | The Daily News Now! · Aug 11, 2026 · 1m

Trump’s furious over NYC’s $5M+ “pied-à-terre” tax, calling it unconstitutional chaos that’ll wreck the city — even as the mayor and governor back it as vital revenue for schools and safety. A Staten Island judge paused it briefly, but the city swiftly appealed, letting collection resume while lawsuits rage. Trump’s own Fifth Ave pad’s on the list — no official notice yet — and a top legal opponent is leading the fight. City officials stay defiant, insisting the tax is legal and necessary to fund essential services, even as homeowners, including full-time residents, feel targeted. Listen in…