Tiny but powerful: The estate tax lobby

Walton Residence – Bentonville Arkansas – Built: 1958

Tiny but powerful: The estate tax lobby
The super-rich got an early Christmas gift in the 8 billion tax package that President Obama signed into law on Friday. On top of a two-year extension of Bush-era income tax rates, the wealthiest Americans dodged an estate tax that was set to jump up from zero to 55% for individuals worth more than million. Instead, under a deal Senate Republicans negotiated with the White House …
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