return2ozma@lemmy.world to Progressive Politics@lemmy.world · 3 months agoHochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Millionwww.nytimes.comexternal-linkmessage-square6linkfedilinkarrow-up10arrow-down10file-text
arrow-up10arrow-down1external-linkHochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Millionwww.nytimes.comreturn2ozma@lemmy.world to Progressive Politics@lemmy.world · 3 months agomessage-square6linkfedilinkfile-text
minus-squareLibertyLizard@slrpnk.netlinkfedilinkarrow-up0·3 months agoIn some areas the cheapest homes are more than that. If people are scraping to afford any home they can adding a tax could be pretty damaging. A better policy would peg the tax to some percentile of home values to target only the wealthy.
In some areas the cheapest homes are more than that. If people are scraping to afford any home they can adding a tax could be pretty damaging.
A better policy would peg the tax to some percentile of home values to target only the wealthy.