Thursday, May 01, 2014

"Mansion Tax" Coming To New York, Compliments Of Mayor de Blasio

Zerohedge reports:
The Post reports that "After his failed attempt to hike income taxes on the wealthy, Mayor de Blasio is eyeing another way to squeeze money from millionaires to fund another top priority: affordable housing. Multiple sources tell The Post that the mayor is talking to people about how to increase the so-called “mansion tax” on homes selling for $1 million or more to help offset the cost of adding 200,000 affordable-housing units."
No word yet on whether comrade Bill De Blasio is going to ask the wealthy to redistribute their excess square foot by allowing poor people to live on their property for free.