Wealthy taxpayers see a rise in the amount that can be left to heirs without paying estate tax for 2017, up to $ 5.49 million from $ 5.45 million in 2016.
Not exact matches
Many married couples will
see a substantial reduction, as will
wealthy taxpayers, with the top rate dropping from 39.6 % to 33 %.
Connecticut and its
taxpayers would
see some benefits and some challenges if Congress adopted tax reform measures — including cuts for
wealthy families, business owners and wage earners — that President Donald Trump is likely to propose Wednesday.
Wealthier taxpayers might be holding back on cashing in investments while they wait to
see if Congress makes changes to the tax code that could result in more advantageous tax rates.