Prominent constitutional law expert Jonathan Turley has taken aim at a recent move by New York City to implement a pied-à-terre tax, a new levy aimed at wealthy homeowners who own multiple properties in the city. Turley, a George Washington University law professor, has criticized the tax, saying it constitutes "class warfare" and unfairly targets a specific group of residents. The tax, which went into effect in February, imposes a 2.05% annual tax on properties valued at $5 million or more, with some exemptions for certain types of properties. Turley's comments reflect growing concerns about the tax's impact on wealthy New Yorkers and the potential for it to drive up property values and rents.
Turley blasts Mamdani's 'class warfare' and New York City's pied-a-terre tax rollout Yahoo
