Raising taxes could reduce investment in NYC, Tim Pool warns

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Anastasiia Chabaniuk

16.04.2026

Raising taxes could reduce investment in NYC, Tim Pool warns — Luxury tax risk for NYC investment

Tim Pool commented on a strategy of increasing taxes on luxury properties in New York City, contrasting this approach with policies from the 1980s under Trump. He argued that making such investments less attractive compared to other major cities could result in wealthy individuals investing elsewhere. Pool suggested this could lead to financial losses for the city and a decline in public services.

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