New York City Mayor Zohran Mamdani wants to slash New York state’s estate tax exemption threshold by almost 90%, from a more ...

Several NY representatives are raising red flags about the Democratic socialist NYC mayor's proposal to reduce the estate tax ...

On the last day of the legislative session, lawmakers approved an expedited measure intended to soften last year's sharp ...

Americans pay taxes throughout their lives. They may think they're done once they die. Not so. An estate tax can still be levied on things the deceased owned or had certain interests in when they die.