Quote:
Originally posted by taxwonk
I'm saying that 97% ofr Americans are better off with an estate tax that has a unified credit amount fo say, $15-20M and a basis step-up at death.
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Isn't it more like 99.97%?
My sympathies start running out the higher the credit gets. Anyone at that level of wealth who can't figure out how to pay the tax probably should have a subsantial part of their assets go to Sam.