Gov. Kathy Hochul wants to tax second homes in New York City that are worth $5 million or more. Here’s how the proposal might work. City and state politicians are lining up behind Gov. Kathy Hochul’s plan to tax New York City second homes worth $5 million or more. The proposal, to be included in the state budget, aims to help close a city budget gap and to address growing income ... [1936 chars]
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