NYC tax plan attacked by O’Leary: he defends wealthy investors and warns of economic fallout
New York’s renewed push to tax wealthy homeowners and corporate owners of high-end properties has reopened a debate about how cities can shore up revenue without deterring investment. Lawmakers and business leaders are now grappling with immediate budget pressures and the risk that higher levies could prompt capital to move elsewhere. Governor Kathy Hochul’s proposal…
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