NYC Facing Tax on Part-Time Residents
New York City mayor Bill de Blasio is considering a proposal to slap an extra tax on homeowners who spend less than half the year inhabiting their city dwellings.
“It targets very wealthy non-New Yorkers who enjoy our services, don’t pay city income tax and pay very little property tax, particularly in buildings that got subsidies,” explained New York Senator Brad Hoylman.
According to Bloomberg News, the measure would generate an estimated $665 million annually for New York City.
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