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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: Oblivious who wrote (80645)	9/28/2006 10:21:05 PM
From: geode00	Read Replies (2) \| Respond to of 362360

"In contrast to the millions of workers who would benefit from a minimum wage increase, the House proposal to sharply reduce the estate tax would benefit only about 8,200 estates in 2011, according to the Urban Institute-Brookings Institution Tax Policy Center. These are the 8,200 estates that would owe any estate tax in 2011 if the 2009 estate tax exemption level ($7 million for a couple, or $3.5 million for an individual) were made permanent.[2] They are the only estates that would benefit from reducing the tax below its 2009 levels, as proposed in the House bill" cbpp.org You can also give money away before you die and put money into trusts, pay for insurance and the like to shield or transfer income.