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"The pied-à-terre tax is seen by New York’s wealthiest 1 percent as a question of fairness" - James Parrott, the chief economist at the Fiscal Policy Institute — NYT
New data from the Census Bureau’s 2012 American Community Survey, confirms the high vacancy rate in certain "billionaire buildings" and neighborhoods of Manhattan. Some are making the case that an additional tax should be levied for these pieds-à-terres. View full entry