Saving the estate tax | Arkansas Blog

Monday, December 28, 2009

Saving the estate tax

Posted By on Mon, Dec 28, 2009 at 6:39 AM

If Congress fails to retroactively reinstate the estate tax in 2010 -- a measure so far blocked by Republicans in the Senate -- the odd effect will be a punishing imposition of capital gains taxes on heirs to smaller estates with potentially damaging consequences for small businesses. The New York Times comments.

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