N.Y.C. Second-Home Tax May Affect Homes With $1 Million ‘Market Value’
A new tax surcharge on the second homes of wealthy part-time residents of New York City would initially…
Justice Dept. Officials Consider Settling Trump Suit Against I.R.S.
The Justice Department is holding internal discussions about settling President Trump’s lawsuit against the Internal Revenue Service in…
New York’s Budget Deal Is Still Hazy. Here Are 5 Key Questions.
It has become an article of faith in the New York State Capitol that when Gov. Kathy Hochul…
New York’s $268 Billion Budget Deal Includes New Second-Home Tax
New York State leaders have agreed to the framework of a $268 billion budget that will include funding…
Can a Second-Home Tax Work in New York? The Numbers Don’t Add Up Yet.
A push to tax multimillion-dollar second homes in New York City has been billed by Gov. Kathy Hochul…
Do Higher Taxes Drive the Rich Away? Mamdani’s Plan Revives the Question.
State lawmakers in New York are considering several proposals to tax the rich, including a tax on luxury…
What We Know About New York’s Proposed Tax Increases
Disputes over budgets can make enemies out of friends, but they can also have the opposite effect. New…
California Billionaire Tax Has Enough Signatures to Land on Ballot, Backers Say
The labor union backing a proposal to place a new tax on California billionaires says it has collected…
The Three Big Questions Delaying New York’s Budget
There is a saying, popularized by the Rev. Dr. Martin Luther King Jr., that budgets are moral documents.…
New Taxes Helped Cool London’s Housing Market. Could That Happen in New York?
Gov. Kathy Hochul’s plan for a yearly surcharge on second homes in New York City worth $5 million…
Opinion | Americans Have Fled to Red States. Blue States Can Win Them Back.
The U.S. population has shifted away from blue states and toward red states in recent years. To understand…
NYC Wants to Tax Second Homes — What Happened in Cities That Did It
Mayor Zohran Mamdani is gearing up to tax the rich — if they live elsewhere but own multimillion-dollar…