Nominal Surcharge
$159.38M
Static gross collection
Predicted Departures
675
HNWI household shifts
Gross Tax Leakage
$212.50M
Income & sales tax lost
Net Revenue Change
-$53.12M
Annual net balance for NYC
Dynamic Revenue Curve & Laffer Equilibrium
Nominal vs Dynamic City Net Revenue ($M)
Static Nominal Revenue
Dynamic Net Revenue (With Migration)
Laffer Peak Point
Destination Tax Arbitrage Matrix
Comparing Effective Total Tax Burden on $8.5M Valuation / $1.5M Income
| Jurisdiction / State | State Income Tax | Effective Prop Tax | Pied-à-Terre Surcharge | Est. Annual Total Tax | Arbitrage Savings vs NYC |
|---|
Model Diagnostic Proof
Parity Verification: Active
Breakeven Elasticity Threshold:
1.35
Migration elasticity where NYC surcharge net revenue becomes $0.0M.
Laffer Peak Surcharge Rate:
0.69%
Tax surcharge rate that maximizes total dynamic city revenue.
Model Baseline Pool:
12,500 units
Estimated NYC luxury second homes subject to evaluation.