NYC Tax Plan That Angered Rich Proving Hard To Design
Bloomberg Television·2026-05-08 19:21
Time now for our muni moment. New York governor Kathy Hochul's budget includes a proposal taxing multimillion dollar second homes in the city. This solidify mayor Zoramundani's pied a terre levy announcement that featured Ken Griffin's new penthouse in the background, remember.Speaking with Bloomberg at Milken, Pershing Square's Blackman, he pushed back that taxing the ultra wealthy will alleviate the city's economic concerns. Where Mundamy was correct is that New York is not a very affordable place to live ...