S57 — Ends the estate tax and raises the gross income tax rate on taxable income exceeding $350,000.

S57 — Ends the estate tax and raises the gross income tax rate on taxable income exceeding $350,000. · Informed CitizenryThis bill proposes to end the New Jersey estate tax for resident decedents dying on or after July 1, 2014. To offset this change, the bill increases the gross income tax rate for taxable income exc…Open in Informed Citizenry