Four Problems with a Statewide Pied-à-Terre Tax
Soon after Governor Hochul floated the idea of a “pied-à-terre” tax in New York City, Albany Sen.
Budget & Economy 214 stories
Mayor Mamdani and Speaker Menin Urge Albany to Help Close City’s Multi-Billion Dollar Budget Gap
For the first time in recent history, Mayor and Speaker jointly call for increased revenue and an end to the drain of City resources to the state Mayor and Speaker urge State to reduce NYC PTET tax credit to raise…
New York’s Unhealthy Dependence on Low-Wage Health Care Jobs
Two recently published charts tell an eye-opening story about New York City’s economy: The first, found in a report from....
Speaker Menin Applauds Governor Hochul’s Pied-à-Terre Tax Proposal
Today, New York City Council Speaker Julie Menin issued the following statement following Governor Kathy Hochul’s announcement of a proposed pied-à-terre tax aimed to generate additional revenue for New York City: “This…