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News
VGW Pays New York $8M Following Cease-and-Desist Order
2+ day, 20+ hour ago (468+ words) New York regulators accused VGW of offering illegal gambling through its platforms, Chumba Casino, Global Poker, and LuckyLand Slots. Sweepstakes casino operator Virtual Gaming Worlds (VGW) has paid New York regulators $8 million, following a cease-and-desist order issued by Attorney General…...
Everyone wants to ‘tax the rich.’ In New York City, it’s getting complicated
1+ mon, 11+ hour ago (660+ words) What seemed at first like an easy idea — slapping a new tax on people who own luxury second homes in the Big Apple but live elsewhere most of the year — has instead created a lot of confusion in the city’s…...
New York tax collectors to farm pied-à-terre data for scofflaws
1+ mon, 5+ day ago (347+ words) (The Center Square) – State tax collectors in New York will be thumbing over data provided to New York City as part of its new tax on second homes in an effort to root out tax cheats. The Hochul administration said…...
New York’s socialist mayor abandons property wealth tax
4+ mon, 8+ hour ago (412+ words) The mayor of New York City has scrapped his plans to raise property taxes on expensive second homes after angering local millionaires and billionaires. Zohran Mamdani had threatened to raise taxes on properties worth more than $5m (£3.7m), hitting 0.4pc of the city’s…...
New York Gov. Hochul Plans to Opt Into Federal Tax-Credit Scholarship
4+ mon, 1+ day ago (716+ words) This article was originally published in Chalkbeat. The announcement represents a major win for supporters of private school choice who have been lobbying Democratic governors to participate in the program. However, Hochul’s office said she intends to review the details…...
New Yorkers rally behind Mamdani as Hochul shuts down more budget help
4+ mon, 1+ week ago (833+ words) New Yorkers are standing behind Zohran Mamdani's campaign promise of taxing the rich days after Gov. Kathy Hochul shut down the idea that the state could send more money for the city's immense budget gap. Democratic Socialists of America are…...
New York passes seventh budget extender as negotiations inch forward
4+ mon, 2+ week ago (294+ words) New York lawmakers have once again pushed back the state budget deadline, approving a short-term extender that keeps government operations running while negotiations continue behind closed doors. The Legislature on Monday passed a seventh budget extender — nearly four weeks after…...
Mayor Mamdani Says Exodus From New York Is Just Your Imagination
4+ mon, 3+ week ago (313+ words) Democrat and socialist New York City Mayor Zohran Mamdani said Wednesday the city is not actually experiencing a much-reported exodus of wealthy residents over high taxes. “And so for all of that conversation about this imagined exodus, we have to…...
What is the pied-à-terre tax? Hochul backs tax on wealthy New Yorkers
4+ mon, 3+ 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…...
Governor Tim Walz taking affordability message to Rochester classrooms Wednesday
4+ mon, 3+ week ago (100+ words) KTTC | Rochester, MN ROCHESTER, Minn. (KTTC) – Minnesota Governor Tim Walz will be visiting a few schools in Rochester Wednesday. According to his office, it all is part of his statewide push highlighting his efforts to make childcare more affordable for…...