Estate Tax

Thursday, June 10, 2010

Thursday, June 10, 2010 - 12:12:53

This should make Sen. Lincoln happy

With the estate tax suspended this year, a Texas billionaire's fortune may pass without taxation, unless Congress can figure out a way to reinstate the tax retroactively before the year is out.

The Boozman-Lincoln bidding war on which would extend the biggest tax break to the Walton heirs should be interesting.

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