The Death Tax Is a Good Thing

For the fourth time in as many years, the House of Representatives voted on April 13 to repeal the federal estate tax. If what Republicans deride as the death tax survives, it'll be because once again cooler heads prevail in the Senate. Many observers say the record budget deficit will convince senators that now is not the time to reduce money flowing to the government. But there are additional, strong

For the fourth time in as many years, the House of Representatives voted on April 13 to repeal the federal estate tax. If what Republicans deride as “the death tax” survives, it'll be because once again cooler heads prevail in the Senate. Many observers say the record budget deficit will convince senators that now is not the time to reduce money flowing to the government. But there are additional, strong public policy reasons for keeping the estate tax: repealing it would benefit roughly 6,00

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish