NY senator makes the case for why he wants to tax multi-million dollar second homes

9:07 AM ET Tue, 12 March 2019

A plan to tax the rich on multi-million dollar second homes is gaining traction in New York City in order to raise funds for the MTA transit system. State Senator Brad Hoylman (D), who introduced the bill, joins "Squawk Box" to discuss the legislature's interest in the law.