Lemonade Stand
Region: US
Friday 03 July 2026 20:00:00 GMT
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Ed :
it's not even just second homes, it's second homes over a certain value, please specify that. it's for people whose second home is worth multi millions of dollars
2026-07-04 06:23:47
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Munson :
Those second homes generate no extra revenue for the community, because the person doesn’t live there, so it really makes sense.
2026-07-04 02:32:44
991
mnm8768 :
it is not on an island. it on storefront in a normal town
2026-07-08 21:49:09
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Hopeless Aromantic :
It also negates the "if we tax the rich, they'll just leave" argument, because those people already don't live there.
2026-07-05 09:11:09
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Chewbeaky :
For further perspective, Rhode Island is not Taylor Swift's 2nd luxury home, it's her 8th! Ken Griffin's in NYC, is his 12th!
2026-07-04 15:28:33
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OpossumWolf :
MONTANA!? Do you know how much those Jackson Hole home cost!? It’s like a billionaire paradise.
2026-07-03 21:10:42
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Cherrylite :
Interesting. I would consider this successful IF the funds go toward homeowner grants. We need to help the middle class to get into home ownership.
2026-07-08 05:18:14
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AO4077 :
Rhode Island’s tax kicks in this quarter. It’s an extra $5k per million on houses over a million. It’s not horrendous and raises money off the summer crowd.
2026-07-06 00:46:32
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Hang time :
Stop saying it that way
2026-07-05 04:25:34
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Mark ZGA :
It makes me laugh when people try to argue the negatives to such a tax. Either the current owner is going to pay the extra tax, or the current owner will sell the property to someone who’s going to live in the city/state. There’s literally no downside for anyone other than the owner of the property
2026-07-06 11:01:26
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Diana Prince 🆘🇺🇸 :
It's also if valued at OVER $5MILLION. This isn't like your aunt's lake house in Kentucky.
2026-07-06 04:45:08
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brother모01 :
Mamdani creates a tax everyone can agree with that has precedent elsewhere.
2026-07-04 13:31:41
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Bigjoedan :
This should also apply to owning apartments or homes that you hold vacant as a landlord.
2026-07-04 18:38:01
10
Bubulle - Pro du lore :
But then when we say that landlords (who have MULTIPLE additional homes) should pay more taxes, THEN it's problematic?
2026-07-04 08:00:04
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sandra :
Florida has the same it’s called Homestead if it’s your primary home you get a tax break if it’s your 2nd you pay more because you don’t get homestead exceptions
2026-07-04 12:39:48
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Deniz Gifford :
It’s homes worth insane amounts! It’s a tax on second homes worth over 5 million typically and it’s usually tax over a certain amount. It’s also progressive. A person who has a second home work like 500k they pay the same rate as someone on the first 5mil… it’s just on the money over that amount. It’s a very reasonable tax
2026-07-04 02:03:23
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Trollex :
"as much as rich people are awesome" what?
2026-07-05 20:33:18
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Calf :
Not just another Home! another Home that’s worth millions upon millions of dollars
2026-07-04 23:41:13
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mage_ou :
We need progressive property tax rates with a 1000 sq ft primary residence exemption per person.
2026-07-03 22:48:06
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OneGoodStream :
And only if it is worth more than $5M!
2026-07-04 11:56:59
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Sea Luv :
Property tax is the only form of wealth tax we have. It's paid by people that use the infrastructure. It's the fairest tax by far.
2026-07-04 17:06:24
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Kris :
if you aint there most of the year, you aint paying sales tax, or income tax so this makes sense
2026-07-04 04:01:26
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ADorkyRedhead :
You said it wrong every time, but a different type of wrong every time.
2026-07-04 16:12:08
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rickly :
Hearted until you said “rich people are awesome”
2026-07-05 14:11:09
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SkiGuyVT :
The key is they can use the revenue to subsidize building housing to offset the vacancy that the other house causes.
2026-07-04 03:58:37
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