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What is the pied-à-terre tax? Hochul backs tax on wealthy New Yorkers
4+ mon, 4+ week ago (665+ words) Gov. Kathy Hochul is proposing a new tax on high-end residences. It’s a surcharge on townhouses, co-ops and condos used by out-of-towners as pied-a-terres. NBC New York’s Melissa Russo reports. New York wants to tax the rich. In a surprising…...