Casino mogul and former Trump secretary join forces to take on NYC's pied-à-terre tax
Americas3 sources2 countries🔦 Under-reported50m ago
Casino mogul Steve Wynn and former Trump administration secretary Wilbur Ross have filed a lawsuit against New York state to challenge the city's pied-à-terre tax. The legal action, initiated on Monday, seeks to block the tax, which is levied on luxury second homes owned by non-residents.
The plaintiffs, described as wealthy part-time residents of New York City, are positioning themselves as the latest opposition to the tax policy. The lawsuit represents a significant move by high-net-worth individuals to contest the financial burden imposed on luxury properties within the city.
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WTOP News - Washington DCHighlights the legal action and the plaintiffs' status as part-time residents
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