Finance
Bold New York City Luxury Tax Looms
New York City proposes a $500 million annual luxury tax on second homes over $5M to tackle its budget deficit, sparking…
Elena Marchetti·
2 articles
New York City proposes a $500 million annual luxury tax on second homes over $5M to tackle its budget deficit, sparking…
New York City faces a $40 million deficit from hosting the World Cup, with $90M spent and only $51M in tax revenue expec…