Tags » Estate Tax
When a person dies in the US, all of their wealth exceeding $5.49 million is taxed. The Republicans want to change this.
As part of their effort to overhaul US taxes, the House Republicans’ plan repeals the estate tax entirely six years from now; in the meantime, it doubles the amount of wealth exempted, to $11 million. 624 more words
Washington has tax cut fever. Politicians and lobbyists are discussing billions of dollars like it’s pocket change. Since the plan is changing daily, we thought we’d lay down a few questions we’re using at the Shire to decide whether we would support the final bill: 557 more words