The Guardian -
8 Aug 2026 12:00
New York mayors policy set to generate revenue and address housing crisis despite outcry in some quarters New York Citys introduction of a pied-à-terre tax has provided fodder for Zohran Mamdanis critics, who accuse the democratic socialist mayor of attacking the rich - even as others welcome it as a much-needed effort to tax the wealthy in a city known for its yawning inequality and cost-of-living crisis.The tax, aimed at closing the citys budget gap, covers people who own but do not live full...
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