ECONOMICS - If You Live In New York And You Rent, You're Paying A Huge Tax You Don't Even Know About

If you live in New York City, you probably know that your income taxes are high. A combined city and state tax rate of 10.4% kicks in at just $22,000 of taxable income for a single person. You probably don't know that New York City has some of the country's highest taxes on apartment buildings-and if you're not subject to rent control, much of that cost is flowing through to you as a renter. Not all property taxes are high here: New York ...

http://www.businessinsider.com/if-you-live-in-new-york-and-you-rent-yo