It's the Brian Larry Show on WNYC. Good morning, everyone.

We have breaking news this morning on the Zeranman Dani, Kathy Hokel, Tax the Rich Front.

Remember, there's a stalemate in Albany right now over this and a few other

consequential things. The state budget was due on April 1st when the new fiscal year began for the state.

So today, it's a full two weeks late. So here's the breaking news.

Late yesterday, it's being reported, Governor Hokel said she will now propose a tax on some

specific rich people.

It would be in the form of a so-called pietater tax, that is a tax on second homes,

certain very high end, second homes, located in New York City.

It would be an annual tax on those homes. WNYC and Gothamist

Albany Reporter. John Campbell is here to explain how that would work and whether it would raise

the same money for child care and other priorities as the broader tax on the wealthiest that

Mayo Mamdani has proposed. But wait, there is more.

John says the tax-the-rich question is actually not the biggest sticking point in the budget,

even though it gets most of the press.

The real biggest sticking points are about car insurance,

climate rules, affordable housing construction rules, and sanctuary for immigrants, just those few little details, right?

John Campbell joins us now from Albany where even there it's going to be almost 80 degrees while the city is looking at 87 today.

Hi, John. Welcome back to the show.

Hi, Brian. It is a beautiful day in Albany, New York. As always, I should say.

As always, certainly in January. Let's start with what's new and then get to what else is stuck. What's this version of Tax the Rich that the Governor is proposing?

Yeah, so this is a slimmer version of tax the rich.

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