Capital gains above $1 million from top bracket rate of 43.4% in New York State and city taxes are added, investors making just over $1.1 million are suddenly facing a payout of 56.9% in taxes.
Capital gains above $1 million from top bracket rate of 43.4% in New York State and city taxes are added, investors making just over $1.1 million are suddenly facing a payout of 56.9% in taxes.