Quote:
Originally posted by sebastian_dangerfield
It's quite elemenary, and I'm baffled you can't comprehend the other side's morally and logically justified position.
...yadda...yadda
I'd burn my money before I'd see it given to the govt.
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Estate tax repeal is dead.
Intersting tidbit from the article: the estate tax hit 1.17% of estates in 2002. That was with a $1,000,000 exemption. It's now $2,000,000., so the percentage has to be even less. It'll be $3.5m in 2009, unlimited in 2010, and $650k in 2011.
Clearly, something's going to have to be done before 2010, unless we're going to retroactively name the last act setting estate taxes "The Estate Tax and 2010 Euthenasia Act."
