taxing vacation homes may open campaign doors
Friday, February 11, 2011 - 03:28 PM
There's some good news in this Wall Street Journal report about vacation homes subjecting their owners to a host of local taxes. It may also help those same people establish residency, if they wanted to do something like run for office.
"This ruling is a very expansive view of residency. While not welcome from a tax perspective, it will make it easier for candidates to prove residency when running for office. In this respect, it reflects 21st century reality -- many people have 'second' homes and each one is a bona fide residency."
One reader emailed me to ask, "What would have happened to Regina Calcaterra if this ruling was controlling?"