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New York Tax Hike: Richest Residents Face Highest Combined State and City Rates
Posted
April 5, 2021
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0:55Now PlayingThe 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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