[SeekAndFind]

RE: people who have estates valued just above the $2 million threshold could get massive estate tax bills.

If you own property in Manhattan or certain parts of Brooklyn (which you bought decades ago), at the rate the property values are rising, $2 Million is a threshold you can easily reach.

[Red Badger]

The changes were intended to ease the tax bill for wealthy New Yorkers and prevent them from fleeing to lower-tax states.

IT WON'T 'PREVENT' ANYTHING........It just gives them a new reason...................

[American Constitutionalist]

New York State is on it’s own, freaking Commies... serves them right for chasing away the conservatives, that is ? if there are any left there.

[smokingfrog]

How can you pay more than 100%?

[Red Badger]

THE BEATLES
“Taxman”

(1,2,3,4

Hrmm!

1,2...

1,2,3,4.)

Let me tell you how it will be
There’s one for you, nineteen for me
Cos I’m the taxman, yeah, I’m the taxman

Should five per cent appear too small
Be thankful I don’t take it all
Cos I’m the taxman, yeah I’m the taxman

If you drive a car, I’ll tax the street
If you try to sit, I’ll tax your seat
If you get too cold I’ll tax the heat
If you take a walk, I’ll tax your feet

Taxman!
Cos I’m the taxman, yeah I’m the taxman

Don’t ask me what I want it for (Aahh Mr. Wilson)
If you don’t want to pay some more (Aahh Mr. Heath)
Cos I’m the taxman, yeah, I’m the taxman

Now my advice for those who die
Declare the pennies on your eyes
Cos I’m the taxman, yeah, I’m the taxman

And you’re working for no one but me
Taxman!

[Vaquero]

[paint_your_wagon]

“Rich” New Yorkers should realize that today’s tax relief will be tomorrow’s tax loophole. And it will be closed after you’ve been vilified for receiving such a benefit from the state.

[AEMILIUS PAULUS]

A movement must be started to reform the power of the national government and the states to “tax and spend.” The politicians cannot stop and will lead us into financial ruin all the while believing they can explain away the resulting chaos.

[napscoordinator]

If you think one of these folks is going to pay a dollar in taxes then I have a huge lake in the desert to sell you. No way do multi-millionaire pay taxes when they die. They have irrevocable trusts. Sorry New York. Try harder next time.

[The Mayor]

This state is on it’s deathbed.

[nascarnation]

I thought no NY millionaire EVER died there.
I thought they all died in Florida?

[G Larry]

Dig ‘em up and put ‘em back to work until that additional 64% is paid off!

[logic101.net]

I’m sure that wealthy politically connected liberals will get an exemption.

[longtermmemmory]

literally:

ESCAPE from NY

[Ramius]

2 million isn’t all that rich, by any stretch. A nice house, two working spouses with modest investment portfolios and IRA’s and that covers a hell of a lot of people.