The Federal Estate Tax
Witnesses testified about federal estate tax legislation. Topics included the burden on the families of small business owners, the complexit… read more
Witnesses testified about federal estate tax legislation. Topics included the burden on the families of small business owners, the complexity of the tax rules, the return to a 55 percent rate in 2011, and uncertainty in estate planning under current law. Mr. Buffett was in favor of keeping the estate tax law unchanged while the three other witnesses opposed the tax. close
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