u/Cody_in_Baltimore

A second-home tax in Annapolis? Anne Arundel executive candidates say maybe.

A second-home tax in Annapolis? Anne Arundel executive candidates say maybe.

From the article:

>Move over, New York City Mayor Zohran Mamdani and New York Gov. Kathy Hochul, it’s Maryland’s turn for a tax on luxury second homes.

>Or at least to talk about it.

>Three Democratic candidates for Anne Arundel County executive said Thursday night that they’d at least look at a tax on luxury homes whose owners don’t live in them full-time, sometimes called pieds-à-terre.

>County Councilman Pete SmithJames Kitchin, a special assistant to County Executive Steuart Pittman, and County Councilwoman Allison Pickard all said they would consider such a tax in response to a question at a forum hosted by the Anne Arundel Affordable Housing Coalition.

>The idea of a pied-à-terre tax is to tax secondary properties valued over a certain amount at a higher rate than primary residences. On April 14, Hochul said her budget proposal would levy a surcharge on secondary homes in New York City valued at $5 million or more.

>

thebanner.com
u/Cody_in_Baltimore — 6 days ago