I'll hit you with a big: source? This kind of talking point is reiterated ad nauseam, but never justified or backed by any empirical research. I'll state one

I'll hit you with a big: source? This kind of talking point is reiterated ad nauseam, but never justified or backed by any empirical research. I'll state one simple thing: if America is unable to raise taxes on second homes over $5M in Manhattan by 1% then this country is well and utterly fucked. The 1% are paying less taxes than anyone else in this country while hoarding the majority of the wealth. Homelessness is skyrocketing, debt levels are through the roof, but god forbid we raise the tax on second homes over $5M by 1%.