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| *Loan,banking and credit>>>estate tax |
How wil U.S. estate tax change in 2010? |
How wil U.S. estate tax change in 2010? It depends upon which party is in power. The republicans want to eliminate what they cleverly refer to as the "death tax". The democrats say they want to adopt an exclusion of 3-4 million. Both parties agree that they don't want it to go back to 1 million in 2011. Nothing is expected to happen until after the 2008 election, and probably not until after the 2010 election, unless one party sweeps the 2008 election. It will return with an even higher rate than it left with. It is supposed to disappear for 2010 and return to the pre 2001 level in 2011 and beyond. Most people don't think it will disapper in 2010 and that the law in 2009 will be extended into 2010 |
| Tags |
| business tax car tax child tax cigarette tax corporate tax estate tax import tax inheritance tax pay tax payroll tax property tax |
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