President Donald Trump said Tuesday that his administration is examining whether the federal government has legal grounds to challenge New York’s newly enacted tax on luxury second homes, calling the measure a misguided policy that could have far-reaching consequences.
In a post on social media, Trump blasted the state’s new “pied-a-terre” tax, describing it as a “dangerous political experiment” and signaling that he is exploring possible legal avenues to stop it.
The tax, whose name comes from a French phrase meaning “foot on the ground” and refers to a secondary residence, was approved by New York lawmakers as part of the state’s budget package adopted in May.
“I am looking to see if the Federal Government has any legal right to avert this disaster,” Trump said.
The measure is already facing a legal challenge in New York state court. According to reports, a Staten Island judge issued a temporary order on Monday preventing the tax from taking effect while the case moves forward.
{Matzav.com}
