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by joemazerino 2139 days ago
3% of 5M is $150,000. Not shabby.

One percenters often have multiple houses to move to so this isn't some major obstacle.

2 comments

I heard a rumor that governor Cuomo wants the 1% back but mayor De Blasio told them to fuck off. _scratches head_
The 3% rate applies only income above 5M.