States crack down on tax break for wealthy investors

Mihaela Păun

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. A wave of states deciding to take aim at a tax incentive for investors and startup founders could sway some high-net-worth residents to relocate, lawyers to the wealthy told Inside Wealth. The One Big Beautiful Bill Act turbocharged the tax breaks on qualified small business stock,

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