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New York Tax Plan That Angered Rich Is Proving Tough to Design
News May 08, 2026 at 12:16 PM
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What You Need To Know
- The latest state budget includes a tax on second homes but no details on how the tax would be levied.
- The details of implementing the tax are far along, though none have yet been revealed.
- The new tax is projected to raise at least $500 million each year.
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