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Wednesday, November 10, 2010

Taxes: Support Increases for Permanent Estate-Tax Repeal

More people would rather pay their taxes before they die than after ...

A recent Harris Interactive poll found two-thirds of American voters support permanent repeal [of estate taxes]. Another recent poll by Ayres, McHenry and Associates found nearly half of self-identified Democratic voters oppose the tax returning to pre-2001 levels, which it is slated to do in January.

Absent congressional action, the estate tax will be reinstated next year and slap a 55 percent tax on estates worth more than $1 million.

From Support Increases for Permanent Estate-Tax Repeal by Jay Heflin, November 4, 2010 at The Hill.

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