New York City Reportedly Set To Have Highest Income Tax Rate In The Country | Forbes (Forbes Breaking News)

Top earners in New York City—one of the biggest billionaire enclaves in the world—are reportedly on track to pay the highest combined local tax rate in the country as part of a new budget deal among state lawmakers that would raise corporate and income taxes by $4.3 billion annually, the Wall Street Journal reported Sunday.

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New York City Reportedly Set To Have Highest Income Tax Rate In The Country | Forbes