Socialists Are Cornering Hochul on Taxing the Rich

Source: Jacobin · Bias: Far Left

Summary

In the fight for taxes on the rich, Kathy Hochul just blinked. Earlier this week, the Governor conceded to a tax on second homes in New York City worth over $5 million. The tax is a yearly surcharge on luxury residences in New York City — multimillion-dollar apartments that the wealthy collect and let sit […]

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Jacobin

Socialists Are Cornering Hochul on Taxing the Rich

Far Left

In the fight for taxes on the rich, Kathy Hochul just blinked. Earlier this week, the Governor conceded to a tax on second homes in New York City worth over $5 million. The tax is a yearly surcharge on luxury residences in New York City — multimillion-dollar apartments that the wealthy collect and let sit […]

Socialists Are Cornering Hochul on Taxing the Rich | ParallaxNews.io