Estate tax playing unheralded role in revenue struggle
Absent congressional action, next year the top estate tax rate increases from 35 percent to 55 percent and it will be imposed on estates of more than $1 million, rather than on estates over $5.08 million as it now is.
Absent congressional action, next year the top estate tax rate increases from 35 percent to 55 percent and it will be imposed on estates of more than $1 million, rather than on estates over $5.08 million as it now is.
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