Wall St. Journal: “The House voted to permanently extend current estate-tax levels and prevent a repeal of the tax scheduled to be in effect next year. The legislation, which passed 225-200, protects estates under $3.5 million, or $7 million for married couples, from the tax. It taxes inherited wealth above that amount at 45%.”
House Votes to Extend Tax on Wealthy Estates
By On the Net|2011-05-19T11:00:10-07:00December 3rd, 2009|
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