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Death Tax: Empathy As A Strategic Advantage

Death Tax: Empathy As A Strategic Advantage

In 2001, the transfer of an estate (inheritance) upon death was taxed at 55%, and $675,000 could be exempt. In 2017 the rate had changed to 40% and $5 million respectively. Did the American public suddenly feel sorry for the wealthiest 1% and the taxes that they had...