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Democrats' tax plan could push combined rates up to 60% for wealthy New Yorkers, Californians

September 17, 2021 Robert Harrington

Wealthy Americans living in New York, New Jersey and California could face one of the steepest tax rates in decades if the legislation released Monday by House Democrats becomes law.

The proposal would roll back key parts of Republicans' 2017 tax law, including restoring the top individual income rate to 39.6%. READ MORE

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rharrington@bullseye.consulting

       @BobJHarrington