Mamdani responds to Trump lashing; what mayor said Friday
Mayor Zohran Mamdani pointed to the common ground he and President Donald Trump do share when asked for his response to the president's public posts yesterday slamming his new tax policy.
Mamdani, who was called out by Trump Thursday evening for his latest plan to tax richer residents, said that the one thing both of the politicians want to see is a successful New York City.
Here's what the mayor had to say about the president's recent post.
Why is Trump mad at Mamdani?
This week, Mamdani announced plans for one of his key campaign promises: taxing the rich. Alongside Gov. Kathy Hochul, the mayor unveiled a new pied-à-terre tax — a first for the state.
The new tax "will levy an annual surcharge on one to three family homes, condominiums and co-ops valued above $5 million when owners have a separate primary residence outside of New York City," the city says.
Mamdani and Trump have disagreed on a multitude of policies affecting the city and nation, but have continued to reach agreements, particularly when the politicians meet in person. But the tax seemingly struck a nerve with the president.
"Sadly, Mayor Mamdani is DESTROYING New York! It has no chance! The United States of America should not contribute to its failure," Trump wrote on Truth Social Thursday.
"It will only get WORSE. The TAX, TAX, TAX Policies are SO WRONG. People are fleeing. They must change their ways, AND FAST. History has proven, THIS 'STUFF' JUST DOESN’T WORK."
In the past, Trump has threatened federal funding to NYC - the biggest city in the country by population.
Before Mamdani won the race, the president endorsed former Gov. Andrew Cuomo, and said that he would withhold federal funding if the socialist had won. The city receives billions of dollars every year from the federal government.
What did Mamdani say in response to Trump?
On Friday, Mamdani said that "the president and I both want the city to succeed. This is how you do it."
"I've made it clear to the president and to the public that I am deeply supportive of taxing the rich," Mamdani said during a news conference about trash.
"The measure targets ultrawealthy out-of-city residents and global elites who use New York City real estate as a vehicle for wealth storage rather than as homes," a release on the new tax plan said this week.
"It is projected to generate $500 million in annual revenue, including from some of the most expensive residences in the country."