Tag Archives: Mamdani

New York City Mayor Zohran Mamdani’s push for a “pied-a-terre tax” on the sparsely used homes of putative plutocrats is not staying in NYC. At least one legislator from the northern Hudson Valley exurbs is seeking allowance for a similar punitive levy on such properties there. That shouldn’t be surprising: Resentments toward wealthy seasonal visitorsContinue reading “Socialist Mayor’s Surtax: An Idea for Hamptons-Like Homes?”