Friday, December 4, 2009
House Passes Estate Tax Bill
Today the US House of Representatives passed H.R. 4154 which would permanently extend 2009's estate tax $3.5 mil exemption and 45% tax rate. The bill now goes to the Senate where there will hopefully be an opportunity to phase in increases in the exemption and decreases in the tax rate.
Labels:
business management,
estate tax,
policy
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