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Gov. Hochul reverses position, pushes for tax on NYC second homes worth over $5M to close budget gap
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Gov. Hochul reverses position, pushes for tax on NYC second homes worth over $5M to close budget gap

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Faced with a state budget that is 15 days late, Kathy Hochul is proposing adding a high-end property tax to New York's multibillion-dollar budget.

NEW YORK, New York (WABC) -- Governor Kathy Hochul is partially reversing course and has decided to support a yearly tax surcharge aimed at New York City's richest as legislators strain to close the city's multi-billion budget gap, left in the wake o... [3155 chars]

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Source: ABC7 New York

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