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A New York Lawmaker Has Proposed a Bill to Increase Taxes on Auction Sales to Fund Public Art Education

A New York Lawmaker Has Proposed a Bill to Increase Taxes on Auction Sales to Fund Public Art Education The high-end art market might be coming under increased scrutiny as budgets tighten. The green stands for money. (TIMOTHY A. CLARY/AFP/Getty Images) Anyone who has ever bought or sold art in New York knows that the taxes and transaction costs can be loftyโ€”and now they could intensify. New York State Senator Robert D. Jackson recently proposed a bill that would impose a tax on art, antique f...
New York United States France General City Of United Kingdom Thomas Danziger
Source: artnet.com

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