Quote:
Originally posted by baltassoc
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."
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I thought it was already christened the "Throw Momma From The Train Act."
My bro is an OBGYN, and has told me about guys calling him in mid-to-late December to suggest that maybe their wives need to have labor induced..... I wonder if we'll see the reverse of this, Kevorkian-style, in a few years....
