Mansion Tax: The Effect of Transfer Taxes on the Residential Real Estate Market
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Houses and apartments sold in New York and New Jersey at prices above $1 million are subject to the so-called 1% "mansion tax" imposed on the full value of the transaction. This policy generates a discontinuity (a "notch") in the overall tax liability. We rely on this and other discontinuities to
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美国国家经济研究局创建时间：
2014-05-01
