Judge orders New York City to scrap second-home wealth tax rollout

Partnership for the City of New York CEO Steve Fulop joins Stuart Varney to discuss a judge ordering New York City to scrap its second-home wealth tax rollout. Fulop also reacts to reports of a smear campaign targeting city CEOs.

New York City’s controversial second-home wealth tax rollout faces a major setback after a judge orders it scrapped. Partnership for the City of New York CEO Steve Fulop joins Stuart Varney to analyze the court ruling, Mamdani’s taxing strategy, and the economic impact of major business leaders like Ken Griffin taking a three-billion-dollar donation to Miami instead of New York.