Take the money from the rich. That's the pied a terre tax. Ah, we got them to pass the pied a tear tax. That's going to hurt the rich. The pied a terre tax is for people who have a second residence in New York. We've talked about it for years. The there's only 13,000 people who are going to pay this tax. The tax only raises 500 million tops. Some people say no more than 200 million. (04:00–04:06)
CLAIM
Asserts that the pied a terre tax applies to people with a second residence in New York.
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