In the Wall Street Journal today, the article States Move to Beef up Estate Taxes shows the increased activity by several states to push an inter-generational wealth redistribution program.
Additionally, today in the Washington Times, the article Study supports repealing estate tax permanently cites a new study by the American Family Business Institute (AFBI) that contradicts the Joint Committee on Taxation’s findings on a revenue loss from the repeal of the federal estate tax.
Thanks again to the Foundation for Economic Education for their timely classic: The Death Tax Is Fair? It Just Ain?t So!
