Bill Ackman warns New York City's pied-à-terre tax will backfire

Name: Bill Ackman warns New York City's pied-à-terre tax will backfire
Uploaded: 2026-08-03T23:42:20Z
Duration: 2 min 37 s
Description: Dagen McDowell and Brian Brenberg discuss the backlash surrounding New York City mayoral candidate Zohran Mamdani's new pied-à-terre tax rollout. Guest Joseph Hernandez, a New York Comptroller candidate, weighs in on billionaire investor Bill Ackman's warning that the tax will ultimately reduce overall city revenues and drive wealthy residents out of the city.

The Bottom Line · FBN · Aired Mon, Aug 3 · 2m 37s

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Dagen McDowell and Brian Brenberg discuss the backlash surrounding New York City mayoral candidate Zohran Mamdani's new pied-à-terre tax rollout. Guest Joseph Hernandez, a New York Comptroller candidate, weighs in on billionaire investor Bill Ackman's warning that the tax will ultimately reduce overall city revenues and drive wealthy residents out of the city.