New York Tax Hike: Richest Residents Face Highest Combined State and City Rates
The richest New York City residents could soon face the highest combined state and city tax rates in the U.S.
Governor Andrew Cuomo and state lawmakers have reached a tentative agreement to raise taxes on the wealthiest New Yorkers as part of a roughly $200 billion budget deal expected to be announced as early as Monday, according to a person familiar with the negotiations.
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