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Politics : Don't Blame Me, I Voted For Kerry

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To: American Spirit who wrote (13473)4/8/2004 10:40:04 PM
From: Alan SmitheeRead Replies (1) of 81568
 
Um. The Estate tax credit is currently at $1.5 million, not $2.0 million as you state.

Just talk to someone who has a family business or farm about how meaningful that can be.

Beginning in 2002, the top rate dropped to 50%. Wow! 50% of the value of an estate in excess of $1.5 million. So much for working hard and passing on to your offspring.
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