Taxes
Rich Americans Find Tax Gap Hard to Ignore With SALT Debate Raging
Republican-run states are cutting levies on the wealthy, while Democratic strongholds like New York and New Jersey are raising rates.
Photographer: Ryan McGill/iStockphoto/Getty Images
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For America's wealthy, the tax gap between states is getting more difficult to ignore.
More than a dozen states, most run by Republicans, have cut income taxes on the wealthy since the start of the pandemic. By contrast, Democrat-controlled New York, New Jersey, Washington State and the District of Columbia hiked rates on their highest-earners.