On April 16, 2026, Florida Governor Ron DeSantis delivered a pointed critique of New York City’s progressive policies while speaking at the Milken Institute Global Conference. His remarks centered on the leadership of Mayor Zohran Mamdani, specifically targeting what he views as detrimental fiscal policies that are driving taxpayers and businesses out of New York. DeSantis emphasizes that Florida’s economic and demographic growth stems from a stark contrast in tax and regulatory approaches between the two states.
DeSantis has zeroed in on progressive taxation strategies backed by Mamdani, particularly the pierre-à-terre tax, which targets non-primary residences valued over $5 million. He argues these policies not only miss the mark on affordability but actively accelerate an exodus of residents seeking more favorable conditions elsewhere. “If all he wants to do is help people ‘afford housing?’ Well, if that’s the case, why did he propose the biggest property tax increase in the HISTORY of New York City?!” DeSantis exclaimed, highlighting his belief that these increases will burden not just the wealthy but also essential workers, such as police officers and nurses.
The growing migration to Florida is framed by DeSantis as a clear advantage, showcasing the state’s economic rise from a $1 trillion to $1.8 trillion GDP under his administration. He asserts Florida’s lower taxes and business-friendly environment make it an attractive destination, transforming leaders like Mamdani into “the best ambassadors for Florida that we could ever ask for.” His quip suggests that the actions of New York’s politicians inadvertently promote Florida’s appeal, painting a vivid picture of misplaced priorities.
DeSantis also draws attention to the potential pitfalls of New York’s luxury real estate market, which could mirror the challenges faced by London after similar taxing measures were implemented. He cites alarming statistics, noting how London’s property values plummeted by over 20% since 2015 after such initiatives, warning that New York could follow a similar trajectory should Mam
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