Seems taxing million-dollar homes in NYC is only the beginning

T. A. Gardner

Serial Thread Killer
NY's state government wants to slap a tax on all $1 million + cash home purchases now. Of course, this isn't going to work like they think it will. I can see purchasers of such homes slapping down say $990,000 in cash and taking out a mortgage on the rest then paying that off in full a year later avoiding the tax.



There's already specialty companies that will help New Yorkers avoid property and other taxes on their properties.


The Left never learns...
 
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