@abc7ny: Mayor Mamdani's plan to tax the rich has hit a speed bump. It's called the 'pied-a-terre tax.' A surcharge on luxury second homes. It's supposed to raise 500 million dollars for the city budget, but there are indications now it won't raise nearly that much. NJ Burkett reports.

ABC7NY
ABC7NY
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Wednesday 26 August 2026 21:15:08 GMT
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grant12366
Grant123 :
Dude, why was the reporter so jolly about this??
2026-08-26 21:22:05
324
beardojon2
Jon :
so those billionaires that just contested that NY was their primary residence are now going to be audited and they're going to make sure that they paid their income taxes correctly for being a resident of New York.
2026-08-26 22:38:14
52
scottynaz
Scott :
The headline should be “millionaires are claiming other states as their primary residence while living in NYC as a way to escape income tax” but instead they blame the mayor
2026-08-27 11:23:27
6
travelnomad254
Texas :
who cares he's TRYING TO TAX THE RICH . WE WANT THAT
2026-08-27 03:33:46
23
depressed.flamingo
Malice Coal :
Thats because the rich are committing tax fraud. They now have to be honest about where they're living and they'll be subject to taxes they've been avoiding for decades. Speed bump not a stop
2026-08-26 21:45:15
184
raechillexoticss
RaeChillExotics :
TAX THE RICH!!!!!
2026-08-26 22:09:53
84
joel20358
joel20358 :
This is proof the media has never been on our side nor will it ever be
2026-08-26 22:48:19
34
snazzymanazzy
SnazzyManazzy :
The lawsuit are going to cost taxpayers more than any revenue generated
2026-08-27 12:27:21
0
jodyndee
jodyndee :
all the rich people that pay most of the tax money will move out of ny
2026-08-26 21:27:54
14
anotherearthling
anotherearthling :
Why does the reporter seem giddy to report this
2026-08-26 21:26:14
59
zeequillien
Zeequillien :
So the "speed bump" that it turns out the rich are flocking to New York instead of the promised exodus? Which isn't really a speed bump because they would pay regular taxes on it instead? Y'all are desperate for a "win"
2026-08-26 22:19:00
27
anthonycarl15
Valiant :
so this is bringing to light how many millionaires have homes in Florida and New York and claim Florida as their primary to avoid the new york income tax ya know blatantly committing fraud the most likely what this disingenuous propoganda is cherry picking from to make a fancy headline
2026-08-26 23:30:32
9
mish55820
Witchy shroom :
I guess we know whose side the reporter is on
2026-08-26 22:55:57
10
zombietesla
ZombieTesla :
The camera angles, smarmy tone, smirks, and closeups are all so on brand for people who are upset millionaires’ second homes are getting taxed
2026-08-26 22:46:09
5
pinomak_attack
Pinomak_Attack :
lol yea this reporting is so unbiased
2026-08-26 22:20:46
18
orig_bronxalbo
BronXXXy :
Worst mayor and fake news reporting it.
2026-08-26 22:33:50
9
lisles3222
Listen Lisa :
now you're going to tax us workers
2026-08-26 22:15:51
6
sergiosmith91
sir.g :
You completely skipped the part where he uncovered tax fraud. Fine, those other 6,000 residents won't pay this new tax. But they will pay New York state income tax which is likely higher.
2026-08-26 22:46:20
5
jayrj245
jayrj245 :
Atleast he’s trying to do what needs to be done
2026-08-26 22:01:52
8
poupinwastaken
T :
So it’s not hitting a road bump, it’s just a different amount of money received? And the goal is to make sure those people are actual New Yorkers, and so if they prove it then everybody is fine with it, what’s your point exactly? Unless you just wanted to scare us with your close up shot?
2026-08-26 22:11:55
6
pogmothoin14
POG MO THOIN ☠️ :
😂 another fumble
2026-08-26 21:48:47
5
noninvasive56
noninvasive :
Hahshahahahahaha
2026-08-27 01:48:58
0
kyngston54
Kyngston :
oh, how will the billionaires survive
2026-08-27 01:53:06
0
muppetchaos
MuppetChaos :
oh no I don't account for people who are cheating on their taxes and are now finally having to account for their "Deductions" that Don't match up state to state that they live in
2026-08-27 10:28:24
0
ikescurvy
Tyler :
yea cuz these people were claiming residence in other states to avoid NY tax, except now theyll have to pay in NY. either way they're gonna have to pay more now
2026-08-27 02:48:56
2
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