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MARKET

New York City is floating a $500 million second-home tax — and it would hurt industries that support thousands of jobs

by TexasDigitalMagazine.com April 19, 2026
written by TexasDigitalMagazine.com April 19, 2026
2




Surcharge on luxury units is a gamble that the ultrawealthy won’t leave for low-tax states.



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