Hochul proposes tax on NYC second homes in bid to save Mamdani’s budget

Source: Washington Examiner · Bias: Center Right

Summary

Gov. Kathy Hochul (D-NY) proposed on Tuesday a new tax on wealthy earners who own second homes in New York City that are worth $5 million or more. The move is intended to address the city’s estimated $5.4 billion budget deficit, which Mayor Zohran Mamdani is trying to solve with tax hikes for high earners […]

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Hochul proposes tax on NYC second homes in bid to save Mamdani’s budget
Washington Examiner

Hochul proposes tax on NYC second homes in bid to save Mamdani’s budget

Center Right

Gov. Kathy Hochul (D-NY) proposed on Tuesday a new tax on wealthy earners who own second homes in New York City that are worth $5 million or more. The move is intended to address the city’s estimated $5.4 billion budget deficit, which Mayor Zohran Mamdani is trying to solve with tax hikes for high earners […]

Hochul proposes tax on NYC second homes in bid to save Mamdani’s budget | ParallaxNews.io