Trump Declared New York Has No Chance the Same Day Hochul Caved to Zohran Mamdani on Horrific Socialist Plan
Donald Trump gave Zohran Mamdani more Oval Office meetings than any socialist mayor deserved.
Tax Day is when he decided he'd seen enough.
Kathy Hochul just handed Mamdani the win that triggered it – and what she agreed to will drive the last of New York's wealth straight to Florida.
Hochul Folds on the Tax That Will Empty the City
New York City's first-ever pied-à-terre tax is now real.
Mamdani announced it this week standing in front of Ken Griffin's Fifth Avenue penthouse – the one the hedge fund CEO bought for $238 million and rarely visits, because he lives in Florida.
The tax hits any property worth more than $5 million whose owner doesn't reside in New York City full-time.
Mamdani says it will raise $500 million a year and claims it will fund free childcare and cleaner streets.
Hochul – the governor who was supposed to be the adult in the room – stood with him and backed it.
She is not an adult in the room.
She is a Democrat who needed a win with the left flank of her party and took it at New York City's expense.
What Hochul Just Signed New York Up For
The city already faces a $2.2 billion budget shortfall this year.
Riders are absorbing a 10-cent fare hike on every subway and bus trip while Mamdani promises to eventually make transit free.
The people he says he's protecting – working-class New Yorkers who can't afford the city – are already leaving.
Fox News panelists reported this week that billions in capital have already relocated from New York to Miami, with more following every quarter.
Every economist who has watched this pattern knows what a punitive annual fee on non-resident luxury property owners actually does: it doesn't capture the wealth, it accelerates the exit.
The owners don't pay – they sell, or they stop buying, or they route the next investment somewhere without a mayor who holds press conferences in front of their building.
The $500 million Mamdani is counting on doesn't materialize.
The $2.2 billion hole gets deeper.
And the working-class New Yorkers who were supposed to benefit from the free childcare are left holding the bill for a program that never got funded.
Trump Already Knew How This Ends
The Truth Social post landed Thursday afternoon.
"Sadly, Mayor Mamdani is DESTROYING New York! It has no chance!" Trump posted. "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."
Mamdani had been on television that same week calling his relationship with Trump honest and direct, describing their shared love of New York City.
Trump is a real estate developer who built his fortune here.
He knows what this tax does to investment confidence.
He knows the $500 million projection is a fantasy built on the assumption that the people being taxed will sit still for it.
They won't.
The Oval Office meetings were Trump giving a new mayor room to prove himself.
The pied-à-terre tax – with Hochul's blessing – was Mamdani proving exactly who he is.
The Truth Social post was the verdict.
New York's working class will be the ones who pay for what Hochul enabled this week.
They always are.
Sources:
- Donald Trump, Truth Social post on NYC Mayor Mamdani, April 16, 2026.
- Fox News, "Trump Blasts NYC Mayor Mamdani Over Tax Policies on Truth Social," FoxNews.com, April 16, 2026.
- Fox News, "NYC Mayor Mamdani Announces Pied-a-Terre Tax With Governor Hochul's Backing," FoxNews.com, April 2026.
- New York Post, "NYC Faces $2.2 Billion Budget Shortfall as Mamdani Pushes Free Services Agenda," NYPost.com, 2026.
