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President Donald Trump announced that his administration is considering federal action against New York City's pied-à-terre tax, citing concerns about its economic impact. This follows a temporary restraining order from a state judge halting the tax's implementation amid a lawsuit from homeowners challenging its execution. A hearing is set for August 31, 2026.
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President Donald Trump announced that his administration is considering federal action against New York City's pied-à-terre tax, citing concerns about its economic impact. This follows a temporary restraining order from a state judge halting the tax's implementation amid a lawsuit from homeowners challenging its execution. A hearing is set for August 31, 2026.
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