| ▲ | twoodfin 2 hours ago | |
The wealthy in NYC pay the top Federal 23.8% LTCG rate, + the top New York State income tax rate (10.9%) + the NYC income tax rate (3.876%) on their long-term capital gains. | ||
| ▲ | kube-system 2 hours ago | parent [-] | |
Not if their second home in NYC is not their primary residence .... and like bezos, has a primary residence in a state where that isn't the case | ||