Quote:
Originally Posted by MarkyMark
Situation 3: A house for sale at 1M.
Local wants to pay 1M
Foreigner wants to pay 2M
50% tax on foreigners willing to buy a house over a million dollars somewhere that they don't even live
Local gets the house for 1,000,000.01
|
Look at it from the perspective of you selling the house.
Do you want $2,000,000 for your property or $1,000,001 ?