New York rich face tax surprise when they die: Tax rate of 164 percent on portions of their estates

... income in 2011 on state and local taxes. "It's nonsensical," said Kevin Matz, an accountant and attorney in White Plains, N.Y. "The governor said this is about making New York a better climate for the wealthy. It's had the opposite effect." On its ...



via White Plains Newswire http://ift.tt/1oK9PRv