NYC politics
fromGothamist
1 day agoHow Hochul and Mamdani forged a compromise over taxing the rich
Mayor Zohran Mamdani and Governor Kathy Hochul reached a compromise on a pied-à-terre tax for ultrawealthy second-home owners.
The Prime Minister, Sebastien Lecornu, was given little chance of survival, let alone finding a budget deal, when he was appointed for a second time in October. He deserves some credit for backing the heavy truck of the French political system out of a cul-de-sac (English for voie sans issue). Otherwise, what have we learned? That France still refuses to face up to a deficit crisis a half-century in the making;