Estate Tax Hike Is Likely: 35% to 55%

Written by Gary North on August 2, 2012

President Bus’s tax cuts involved a cut in the estate tax from 55% to 35%. That will expire on January 1. Rich people who want a better deal for their heirs had better expire before January 1. Class warfare is the basis of this tax. So is jealously. The poor and especially the middle class […]

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