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South Bay Poles

434
Aceofwhat?2/01/2010 9:15:04 am PST

re: #415 lawhawk

For 2009, you’re right that the floor is $3.5 million.
For 2010, the tax disappears for one year.
For 2011, the tax reappears, and it would likely be at 55% on estates over $1 million.

55% is just mind-numbing.

“Congress can raise taxes because it can persuade a sizable fraction of the populace that somebody else will pay.”

Milton Friedman