President Donald Trump has criticised New York City Mayor Zohran Mamdani for his efforts to increase taxes, claiming they are causing people to flee the city. The president stated that the current policies were so wrong that they will only worsen. This comes after New York Gov. Kathy Hochul proposed adding an extra tax on people who own second homes worth $5 million or more. Maddani has called for sweeping tax increases on New York's highest earners, including corporations and households making $1 million or over, and has threatened to impose a nearly 10% property tax hike if not met.