A new tax proposal targeting high-end second homes in New York City is drawing renewed attention to the growing financial pressures facing the state as leaders look for new revenue streams to close persistent budget gaps.FOX Business’ Madison Alworth joined "The Big Money Show" to report on the proposal, which would apply to second homes in New York City valued above $5 million, imposing an annual surcharge on properties that are not used as primary residences.BILLIONAIRES AND BUSINESSES FUEL GROWING EXODUS FROM BLUE STATESThe measure comes as state leaders grapple with an estimated $2.2 billi...
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