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The ‘Death Tax’ May Finally Die
Congressional Republicans and their allies are optimistic about finally ending the estate tax, paid by the inheritors of valuable property. Or “death tax” depending on your preferred term. Rep. Kevin Brady, vying to become chairman of the powerful House Ways and Means Committee in early 2015, is pushing legislation to permanently repeal the federal estate tax. The Texas Republican and other critics contend it’s fundamentally unfair to tax those inheriting property, because it has already been subject to taxation…Read More
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