Congress Debates Estate Tax Increase

congress-debates-estate-tax-increase

The class warfare rhetoric that accompanies the tax debate is reigniting as congressional lawmakers battle over how to address a pending increase of the estate tax, also known as "the death tax." The current rate of the tax, which is imposed on the transfer of the estate upon an individual's death, is a component of President George W. Bush's tax cuts that are slated to expire at the end of the year.

webmaster@thenewamerican.com (Brian Koenig) 29 Jul, 2012


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Source: http://thenewamerican.com/economy/economics/item/12242-congress-debates-estate-tax-increase
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