Source: New York Post
Republican gubernatorial candidate Bruce Blakeman and the statewide GOP ticket blasted New York City Mayor Zohran Mamdani’s push to dramatically increase the inheritance tax that would hit the middle class — and proposed a plan Monday to stop it. The democratic socialist proposed slashing New York’s estate tax exemption from $7. 35 million to $750,000, while tripling the top rate to a 50%, to help plug a projected $5.
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