return2ozma@lemmy.world to Progressive Politics@lemmy.world · 13 days agoHochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Millionwww.nytimes.comexternal-linkmessage-square9linkfedilinkarrow-up169arrow-down10file-textcross-posted to: [email protected][email protected]
arrow-up169arrow-down1external-linkHochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Millionwww.nytimes.comreturn2ozma@lemmy.world to Progressive Politics@lemmy.world · 13 days agomessage-square9linkfedilinkfile-textcross-posted to: [email protected][email protected]
minus-squareLibertyLizard@slrpnk.netlinkfedilinkarrow-up7·13 days 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.