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Recently, Campaign for Liberty President John Tate signed on to a Family Business Coalition letter sent to New York’s Governor Andrew Cuomo expressing support for a proposal in his budget which calls for increasing the New York estate tax exemption from $1 million to $5.34 million and lowering the top tax rate from 16 to 10 percent.
The letter calls for New York to go a step further than the Governor’s proposal and eliminate the death tax altogether in order to remain competitive with its neighbors.
Campaign for Liberty is committed to eliminating the death tax at the federal level and in states that still find death a taxable event. Remember, “No taxation without respiration.”
Read the full letter below:
The post Reducing New York’s Death Tax appeared first on Campaign for Liberty.