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Hochul proposes annual tax on NYC residents owning second homes worth over $5 million.
New York Governor Kathy Hochul is advocating for an annual tax on NYC residents who own second homes valued at $5 million or more.
The proposal aims to generate revenue to address housing affordability concerns, though exact tax rates and timelines have not been disclosed.
The plan requires legislative approval before implementation.
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Hochul propone un impuesto anual a los residentes de Nueva York que posean segundas casas por valor de más de $5 millones.