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Group Proposes 4% Graduated Pied-a-Terre Tax For NYC

By Kaitlin Ugolik (September 22, 2014, 7:08 PM EDT) -- The progressive Fiscal Policy Institute on Monday proposed that the de Blasio administration institute a tax on high-end pieds-a-terre in order to bring in revenue from the many foreign buyers of luxury apartments in the city who do not pay personal income tax....

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