NY Gov. Kathy Hochul proposes a wealth tax on pied-à-terres in major u-turn

NewsWorldAmericasNY Gov. Kathy Hochul proposes a wealth tax on pied-à-terres in major u-turnNYC mayor, who has consistently pushed for a more extensive tax increase on the wealthy, hailed the proposal as a victoryAnthony Izaguirre Wednesday 15 April 2026 20:59 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2958510","articleMeta":{"url":"https://www.independent.co.uk/news/world/americas/new-york-tax-wealth-kathy-hochul-second-homes-pied-a-terres-b2958510.html","title":"NY Gov. Kathy Hochul proposes a wealth tax on pied-à-terres in major u-turn"}}CloseNew York Governor Kathy Hochul agreed to sign Medical Aid in Dying ActThe latest headlines from our reporters across the US sent straight to your inbox each weekdayYour briefing on the latest headlines from across the USYour briefing on the latest headlines from across the USEmail*SIGN UPI would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice{"className":"sc-1ge0fwe-0","newsletterData":{"regSourceNewsletter":"IND_Evening_Newsletter","regTitle":"Evening Headlines","subscriptionGroup":"us_evening_headlines","subscriptionGroupId":"4326e634-422a-4447-8e1e-604a937cd3b5","type":"daily_news","pathPrefix":["/us","/news/world/americas","/news/world/americas/crime"],"title":"The latest headlines from our reporters across the US sent straight to your inbox each weekday","mobileTitle":"Your briefing on the latest headlines from across the US","imageSrc":"https://static.independent.co.uk/static-assets/images/newsletters/usEveningHeadlines1_1.png","label":"I would like to receive morning headlines Monday - Friday plus breaking news alerts by email","newsletterKey":"receiveEveningHeadlinesUSNews","regSourceSection":"Americas","regSourceMethod":"NSCs"},"isCli...