Tuesday, 11 August, 2026
Unmasking Phantom Rides: How NYC’s Mansion Tax Is BUSTING "Ghost Cars"
By TechShots Studio
New York City Mayor Zohran Mamdani's proposed "millionaire home tax" requires high-value second-home owners to verify primary residency. This paper trail threatens to expose widespread "garage fraud"—drivers registering vehicles out-of-state to dodge NYC insurance costs and taxes. Similar fraudulent schemes using loopholes or fake dealerships are already major issues in Italy and France.
Read full story at TIMES OF INDIA