Category

High Net worth

Category

Lawmakers in eight states are trying to coordinate tax increases on high net worth taxpayers in their respective states. The campaign is called Fund our Future, and it involves legislators from California, Connecticut, Hawaii, Illinois, Maryland, Minnesota, New York, and Washington. These states have a large proportion of the country’s wealthy individuals. California, New York, and Illinois are regularly among the top 5 US states in terms of estate tax returns filed, which are required…