Woe be he who decides to die in NYC. Though the reality is many people choose to move to low inheritance tax states for lifestyle purposes, why should one feel compelled to not live where they want to at the end of their lives? Sadly, there’s one strata that once again gets crushed again by not doing so: the upper-middle class. Originally everyone over a certain threshold could not escape the state estate-tax noose, but in recent years CPA’s have found a work around for the extremely wealthy, leaving the few who can’t access the loopholes subjected to very high marginal tax rates to make up the difference. [Read more…] about THE ESTATE TAX PT II: THE STATES TAKE THEIR POUND OF FLESH TOO. PLUS OTHER SMALL INDIGNITIES.