Interview: NYS Senator Pat Fahy (D-Albany) on proposing a Pied-A-Terre Tax Opt-in outside of NYC

Bustedknees · Monday at 8:27 PM

livingston said:
Interview: NYS Senator Pat Fahy (D-Albany) on proposing a Pied-A-Terre Tax Opt-in outside of NYC

New York State Senator Pat Fahy discusses her proposal to expand Governor Kathy Hochul and Mayor Zohran Mamdani's proposal for a Pied-A-Terre tax on second luxury homes in New York City. Fahy is proposing to allow municipalities outside of NYC opt-in to a similar tax.

That didn't take long.

TEOTWAWKI inc. · Monday at 8:40 PM

Yes, more taxes.

The 100% without a doubt only way to fix NY.

Nothing else could possibly ever work.

GOPerfect · Monday at 8:44 PM

I made it 27 seconds in....

C3D · Monday at 11:27 PM

The towns of Southampton and East Hampton just got chubbies.

jimc · Tuesday at 9:48 AM

So let me get this straight... According to her, these investors owning multi-million dollar properties are keeping the 'average working person' from owning these properties? I consider myself at the high-middle portion of an 'average working person' and there is no way I could afford a multi-million dollar home. Let the owners pay their property and school taxes like the rest of us and call it good.

dwa12479 · Tuesday at 12:36 PM

Im surprised it took this long...

Saltwater60 · Tuesday at 1:06 PM

jimc said:
So let me get this straight... According to her, these investors owning multi-million dollar properties are keeping the 'average working person' from owning these properties? I consider myself at the high-middle portion of an 'average working person' and there is no way I could afford a muti-million dollar home. Let the owners pay their property and school taxes like the rest of us and call it good.

I agree.
I have heard recently that since they don’t live here they avoid other taxes so they think this is fair. I had no clue that budgets were set up by the number of addresses in NYS/NYC and not the income taken in by state revenue.
The stupidity here astounds me.

spat · Tuesday at 2:31 PM

jimc said:
So let me get this straight... According to her, these investors owning multi-million dollar properties are keeping the 'average working person' from owning these properties? I consider myself at the high-middle portion of an 'average working person' and there is no way I could afford a multi-million dollar home. Let the owners pay their property and school taxes like the rest of us and call it good.

Wait till the owners decide it's not worth keeping and the property taxes collapse.

Modean · Tuesday at 6:13 PM

livingston said:
Interview: NYS Senator Pat Fahy (D-Albany) on proposing a Pied-A-Terre Tax Opt-in outside of NYC

New York State Senator Pat Fahy discusses her proposal to expand Governor Kathy Hochul and Mayor Zohran Mamdani's proposal for a Pied-A-Terre tax on second luxury homes in New York City. Fahy is proposing to allow municipalities outside of NYC opt-in to a similar tax.

They really do want to chase every well off individual out of this state, don't they? How about applying that level of taxation to private equity firms buying single family homes?

Phazer · Tuesday at 7:27 PM

TEOTWAWKI inc. said:
Yes, more taxes.

The 100% without a doubt only way to fix NY.

Nothing else could possibly ever work.

EXACTLY!

There is no way to ever spend less. That would be crazy.

Brawny71 · Tuesday at 7:28 PM

The learning curse has gone flat

thughes · Tuesday at 7:46 PM

Brawny71 said:
The learning curse has gone flat

Freudian slip?

TEOTWAWKI inc. · Tuesday at 7:55 PM

Anyone that has Pied-A-Terre means they also already have one Pied-à-la-porte.

I would definitely raise their taxes so they move both feet out the door.

Interview: NYS Senator Pat Fahy (D-Albany) on proposing a Pied-A-Terre Tax Opt-in outside of NYC

livingston

20×102mm Vulcan