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Estate-Tax Repeal Would Hurt the 'Small Rich'

Date: June 13, 2006

Author: Allan Sloan

QUOTE: When the Senate turned down President Bush's bid to repeal the estate tax permanently last week, it actually did a favor for tens of thousands of moderately well-off households...such households would be worse off under the full repeal scheduled for 2010...than they would be under the 2009 rules, which are more favorable for estates than today's rules.

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Article MetaInformation:

Key People:

• President George W. Bush

Key Organizations:

• Internal Revenue Service (IRS)
• US Senate
• Washington Post Newspaper

Subject & Geographic Categories:

• Government & Politics / History
  • Government (General)
    • Tax Policy

• Law & Justice
  • Civil Law / Common Law
    • Property Rights / Ownership
      • Estate / Inheritance Law

• Personal Finance & Career
  • Personal Finance
    • Personal Asset Management
      • Taxes: Personal/Family

• North America
  • United States of America/USA

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