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New York City Mayor Zohran Mamdani defends a new tax on second homes worth more than $5 million as President Donald Trump warns socialist policies threaten America’s future. #foxbusiness #bigmoneyshow
00:00 Mamdani’s New Tax Targets NYC’s Wealthiest Homeowners
00:19 Trump Warns Socialism Leads to Decline
01:11 Will Higher Taxes Drive Wealth Out of New York?
02:20 Do New Taxes Actually Solve Budget Problems?
03:42 Who Really Pays the Price for the Second-Home Tax?
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