1.0Condor Capital Wealth Managementhttps://www.condorcapital.comPresident Ken Schapiro Quoted in New York Times Article “Why These Millionaires Are Staying Put Despite a New Tax on Them”rich600338<blockquote class="wp-embedded-content" data-secret="Gq6M5dHzv6"><a href="https://www.condorcapital.com/2020/10/15/president-ken-schapiro-quoted-in-new-york-times-article-why-these-millionaires-are-staying-put-despite-a-new-tax-on-them/">President Ken Schapiro Quoted in New York Times Article “Why These Millionaires Are Staying Put Despite a New Tax on Them”</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.condorcapital.com/2020/10/15/president-ken-schapiro-quoted-in-new-york-times-article-why-these-millionaires-are-staying-put-despite-a-new-tax-on-them/embed/#?secret=Gq6M5dHzv6" width="600" height="338" title="“President Ken Schapiro Quoted in New York Times Article “Why These Millionaires Are Staying Put Despite a New Tax on Them”” — Condor Capital Wealth Management" data-secret="Gq6M5dHzv6" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://www.condorcapital.com/wp-content/uploads/wordpress/2020/10/ken-schapiro-nyt.jpg700466In light of a recent millionaires tax in New Jersey that increases state taxes by 20 percent for individuals with incomes of $1 million and higher, many believe that high earners have been incentivized to leave the state. While that may be the case for some, for others, it would take more than increased taxes for them to move elsewhere.