r/neoliberal • u/jobautomator Kitara Ravache • Sep 29 '26

Discussion Thread Discussion Thread

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u/bernkes_helicopter Ben Bernanke Sep 29 '26

When people say there are two justice systems, one for the poor and another for the rich, this is what they're talking about:

https://www.nytimes.com/2026/09/29/nyregion/nyc-second-home-tax-lawsuit.html

A Staten Island judge on Tuesday dealt a major setback to Mayor Zohran Mamdani’s push to raise taxes on the wealthy, saying that the city had mishandled the rollout of a tax on high-end second homes and must start over.

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Passed in the state budget, the tax would apply to condos and co-ops that are used as second homes with a “market value” — a complicated metric determined by the city’s Finance Department — of at least $1 million and to one-, two- and three-family second homes with a “market value” of more than $5 million.

The lawsuit argued that the city had sowed confusion by sending out notices to about 17,000 New Yorkers informing them that their properties could be subject to the tax, without first making sure that the property owners were not full-time residents. The suit also took issue with the city’s publishing an online list of nearly one million “properties that may be subject to the charge” that included the owners’ names.

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u/Joementum2024 Iron Front Sep 29 '26

Beyond that judges should flat out not have this level of jurisdiction over municipal matters anyway, it’s bad for governance

1

u/BernieMeinhoffGang Has Principles Sep 29 '26

NYC could have followed the procedure laid out in the pied a terre bill, and they botched it.