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What Happens Next?
As of now, the proposal is still moving through the legislative process.
- What will the exact tax rates be?
- Will they scale with property value?
- How will “non-primary residence” be defined and enforced?
- Will lawmakers approve it in its current form?
There is also the possibility of negotiation and compromise—adjustments that could make the policy more palatable to critics while preserving its core intent.
