Opinions large and small, worth everything you pay for them.
Thursday, April 10, 2014
Another reason for anyone successful to leave New Effing York
A change this month in New York's estate tax, which was billed as tax
relief for the wealthy, contains a hidden wrinkle that could leave some
multimillionaires with a much bigger surprise tax upon their death.
Certain estates could even wind up with a tax rate of 164 percent on portions of their estates, according to one tax expert.