A1112 — Ends the estate tax and raises the gross income tax rate on taxable income exceeding $350,000.

A1112 — Ends the estate tax and raises the gross income tax rate on taxable income exceeding $350,000. · Informed CitizenryAssembly Bill A1112 proposes significant changes to state taxes, specifically targeting estate taxes and income tax rates. The bill aims to eliminate the state's estate tax, which is a tax levied o…Open in Informed Citizenry