I Will Use Their Tears to Season My Supper

New York City real estate brokers, despondent over it becoming more for them to profit off money from drug dealer, despots, and corrupt businessmen are saying that the so called "Pied-a-Terre Tax" is "class warfare" on their clients:

High-end real estate brokers in New York worry that foreign second-home buyers are feeling under assault from all sides and may end up going elsewhere. Already wary of President Donald Trump’s anti-immigrant rhetoric, they now see a planned tax on absentee owners as a swipe from the political left.

“The international buyer has basically gone away over the past two years,” said real estate broker Martin Eiden at Compass, who sells about $50 million of residential property a year. “There’s only so much that people will take -- they’ll either go somewhere else or they’ll just get a hotel room.”

The proposed tax would apply to properties above $5 million owned by non-residents. Governor Andrew Cuomo says the state needs it to pay for transit fixes. Mayor Bill de Blasio says the rich should pay more, especially those who pay no income taxes while full-time residents bear the costs of services that make New York City so attractive to foreigners and out-of-staters.

These people are paying enormous amounts of cash for properties where they spend a week a year because they are laundering money.

It makes no economic sense otherwise:

Properties over $5 million would be subject to the tax surcharge, starting at 0.5 percent of the home value to a maximum rate of 4 percent on homes above $25 million. A part-time owner of a $10 million unit, for example, would have to shell out an extra $45,000 a year.

These guys blow more money than that on a birthday party.

They object to the tax because they want to be worshiped, and taxes are antithetical to this.

F%$# them.