4 ms·
Federal inheritance taxes. There are also state inheritance taxes in many states. NY, for example, kicks in at ~$7M. MA kicks in at $2M.
by technothrasher 4mo ago
Federal inheritance taxes. There are also state inheritance taxes in many states. NY, for example, kicks in at ~$7M. MA kicks in at $2M.
- buellerbueller 4mo agopoor little multimillionaire :( my heart breaks for their 90th percentile wealth.
- ceejayoz 4mo ago> NY, for example, kicks in at ~$7M. Won't someone think of the children? The very wealthy children paying a 3% marginal tax rate on some of their multi-million dollar inheritance?
- steveBK123 4mo agoHonestly my experience with most of these kids is they are so innumerate they won't even notice the tax