Tax-Hike Fears Trigger Talk of Exodus From Manhattan and Greenwich
- End of state and local tax deduction to raise rates for many
- Miami real estate looking for an influx of high-tax refugees
This article is for subscribers only.
Even Bruce McGuire, founder of the Connecticut Hedge Fund Association, understands if wealthy Northeasterners flee the region due to changes in the tax code.
“It would almost be irresponsible if you weren’t thinking about moving,” he said.