‘Mornings with Maria’ panel warns Gov. Kathy Hochul’s new proposal to tax second homes worth $1 million could accelerate New York’s wealth exodus, hurt public safety funding and further strain the city’s economy amid a growing budget crisis.
0:00 – New York’s $1 Million Pied-à-Terre Tax Explained
1:02 – John Chell: The “Three-Card Monte” Budget
2:42 – Impact on NYC Property Values & Devaluation
4:49 – Is the Upper Middle Class the New Target?
6:25 – Public Safety Crisis: Defunding the NYPD through Overtime Cuts
7:57 – Future Outlook: Taxes on Tips and Social Security
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