# Billionaires vs. Mamdani: The NYC Tax Fight Turning Ugly

Page: https://stenobird.com/podcast/the-smerconish-podcast-4474155/billionaires-vs-mamdani-the-nyc-tax-fight-turning-ugly
Text version: https://stenobird.com/podcast/the-smerconish-podcast-4474155/billionaires-vs-mamdani-the-nyc-tax-fight-turning-ugly.md
Podcast: [The Smerconish Podcast](https://stenobird.com/podcast/the-smerconish-podcast-4474155)
Published: 2026-05-08T18:21:59+00:00
Episode link: https://www.siriusxm.com
Audio file: https://dts.podtrac.com/redirect.mp3/sxm.simplecastaudio.com/d49edecb-af71-4e40-b63b-f7bdc3faae1b/episodes/7be76a30-b84a-4cc6-affe-14db6f582a9e/audio/128/default.mp3?aid=rss_feed&awCollectionId=d49edecb-af71-4e40-b63b-f7bdc3faae1b&awEpisodeId=7be76a30-b84a-4cc6-affe-14db6f582a9e&feed=Dv1m2CJC
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Duration seconds: 1500

## Resource

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. Plus: reactions to Wall Street’s growing frustration with New York politics and what it all says about America’s widening economic divide. Original air date 7 May 2026. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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## Transcript

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