A Pied-à-terre Tax Will Bring Revenue New York Needs

A tax on second homes of over $5 million won’t solve income inequality, but it could help boost the city’s coffers.

Topics:  tax   
BING NEWS:
  • California bill would tax Big Tech to create tax credit for news organizations
    A California lawmaker has introduced a bill that would levy a “data extraction mitigation fee” on companies such as Google and Meta in order to provide media outlets in the state with a tax credit ...
    05/1/2024 - 1:40 pm | View Link
  • Colorado lawmakers bring bill to revamp TABOR refunds, income tax rate
    From 2025 through 2035, the income tax rate would fluctuate based on the amount of state revenue that exceeds the TABOR cap. A new refund mechanism created by the bill, reducing sales and use tax ...
    04/30/2024 - 1:00 pm | View Link
  • Unrealized Gain Tax—A Coming Sea Change in FY2025 Budget Proposal?
    Among the most striking initiatives in the FY2025 Budget Proposal is a set of proposals taxing unrealized gains—a concept generally absent in tax frameworks due to ...
    04/30/2024 - 5:15 am | View Link
  • Economic growth must be a priority for tax reform
    Businesses consider several factors when deciding where to invest, and it’s no secret that one of the most important considerations is taxes.
    04/29/2024 - 10:23 am | View Link
  • Fort Smith sales tax revenue posts small gain through March
    Fort Smith sales tax rebounded some in March, allowing city officials to breathe a little. The March sales tax report shows the city’s share of the 1% Sebastian County ...
    04/25/2024 - 4:15 am | View Link
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