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Index/Topics/Mark-to-Market Tax Proposal

Mark-to-Market Tax Proposal

A proposal to tax unrealized gains in assets

Fact-Checks

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Feb 1, 2026
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Does New York City have a public wealth tax

No — does not currently have a standalone municipal “public ” on residents’ net wealth; what exists instead is a patchwork of , state-level surcharges and active proposals to raise taxes on high earne...

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