Opinion

Mamdani’s First 100 Days: When ‘Tax the Rich’ Meets Reality

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Mamdani’s First 100 Days: When ‘Tax the Rich’ Meets Reality
Gina Chon and Ken Griffin speak on stage during Semafor World Economy 2026 in Washington, D.C., on April 14, 2026. Tasos Katopodis/Getty Images for Semafor World Economy
Ken Buck
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Commentary

Last month, New York City Mayor Zohran Mamdani filmed a video flouting a newly proposed “pied-a-terre” tax—a fancy name for even more property taxes, this time on the city’s high-end homes. In the video, the mayor specifically calls out “this penthouse, which hedge fund CEO Ken Griffin bought for $238 million.”

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Ken Buck
Ken Buck
Author
Kenneth Robert Buck is a lawyer and politician who represented Colorado’s Fourth Congressional District in the U.S. House of Representatives as a Republican. He is the author of “Capitol of Freedom,” “Drain the Swamp,” and recently “Crushed: Big Tech's War on Free Speech.”