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Death Tax? Double Tax? For Most, It's No Tax

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Death Tax? Double Tax? For Most, It's No Tax
Topic: Society 12:31 pm EDT, Aug 14, 2005

WHEN Congress comes back from its summer recess, one of the first things Senate Republicans will try to do, again, is kill the estate tax.

A major harm of repealing the estate tax that is not mentioned here
is the huge amount of money that will be sucked out of things like university endowments, etc, as a result. As it stands, folks "might as well" bequest money to these things because it'd be taxed away otherwise.

Death Tax? Double Tax? For Most, It's No Tax



 
 
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