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Politics : View from the Center and Left

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To: DewDiligence_on_SI who wrote (90072)10/15/2008 10:54:18 AM
From: Travis_Bickle  Read Replies (2) of 541936
 
Interesting that McCain is willing to settle for a $5m exemption ... for several years the dems have been willing to set it at $3.5m and repubs have been holding out for $7.5m.

I've always figured it would be settled at $5m but with dems controlling both branches it looks like it will be $3.5m.

The portability will be nice though under the current system I would draft the necessary trusts to maximize tax benefits for $400, it takes me about an hour, the reason it is very expensive for some couples is that they are getting ripped off.
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