Friday, June 09, 2006

 

It Is The Estate Tax Rate That Matters

This week, the U.S. Senate is expected to turn its attention to the Federal estate tax.

Under current law, the estate tax is being phased out, with repeal set for 2010. But then in 2011 the old law is scheduled to be restored, with marginal tax rates that can exceed 50%. The old law was capricious, complex, and inefficient -- bringing it back to life in 2011 would be bad policy.

It Is The Estate Tax Rate That Matters
Source: Insurance News Net

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