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Why tax the middle class within $1m-$5m. The tax should only apply to upwards of $10m. This is wrong.
by thomasjeff1 4mo ago
Why tax the middle class within $1m-$5m. The tax should only apply to upwards of $10m. This is wrong.
- swiftcoder 4mo agoHow many middle class folks do you know who own two homes, the unoccupied one of which is a NYC property worth >$1 million?
- rbtprograms 4mo agothe amount of people who are middle class with a second home is rare. if you can afford another dwelling, you can pay more tax on it. lets not be this disconnected.
- mjamesaustin 4mo agoThe middle class doesn't own second homes. This tax does not apply to primary homes.
- jlamberts 4mo agoI'd agree with you if this applied to primary residences, but it seems like this only applies to secondary residences? I find it hard to reconcile "middle class" with "has a second home in NYC"
- henry2023 4mo agoIt’s a pretty moderate tax on second homes and it makes the city cash flow healthier. I don’t understand what’s controversial about this.
- jdappletini 4mo agoIt's not on the primary residence. Relax.