Expect to hear more about this:For the next two years, estates up to $5,000,000 will be protected from the estate tax, and the tax rate for the few estates that are taxed will be 35 percent. That's worse than the 2009 estate tax ($3.5 million exemption, 45 percent rate)
[45 percent was the lowest rate after a series of reductions in the last 10 years, not counting this year's zero rate; the exemption grew during the same period to a maximum of $3.5 million]
In this case Republicans got more than an extension of current rates and policies.
posted by Quiddity at 12/06/2010 10:53:00 PM
actually the current rate is 0%.
Steinbrenner had exquisite timing.
Expect some unfortunate accidents to happen in the next few weeks, too.
We the People voted for this last month.
Well, ~21% of us at least, but that was enough,