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N.Y. Had a Plan for a ‘Pied-à-Terre’ Tax on Expensive Homes. The Real Estate Industry Stopped It.

N.Y. Had a Plan for a ‘Pied-à-Terre’ Tax on Expensive Homes. The Real Estate Industry Stopped It.
Logistical concerns and swift, vigorous lobbying by the real estate industry stalled a proposal that had legislative support.

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