January 9, 2023

The Ultrarich Are Getting Cozy in America’s Tax Havens

 Portside -   Some states, like Massachusetts, have raised taxes on rich residents, but overall, attempts in recent years to tax the wealthy more have been an uphill struggle. States are not just cutting or eliminating income taxes; a growing number are becoming homes to unregulated trust industries that allow the ultrarich to keep their assets hidden.

No comments: