Mamdani's 'millionaire home tax' reveals New York's big 'Ghost cars' problem | TheBriefWire
Mamdani's 'millionaire home tax' reveals New York's big 'Ghost cars' problem
Published 11 August 2026 ยท us
New York City's proposed millionaire home tax highlights vehicle registration fraud issues. Homeowners may need to prove primary residency, revealing out-of-state vehicle registrations. This practice
New York City's proposed millionaire home tax highlights vehicle registration fraud issues. Homeowners may need to prove primary residency, revealing out-of-state vehicle registrations. This practice, known as garage fraud, helps evade insurance and taxes. Investigators found many out-of-state vehicles owe significant unpaid fines. Similar registration schemes are also occurring in Italy and France.