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Home Blogs Derek's Tax Blog Estate Tax Bill Next Week?

Estate Tax Bill Next Week?

Written by Derek W. Jensen
Friday, 23 October 2009 07:54
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An estate tax bill could be introduce in the House as early as next week states Democratic Leader Steny Hoyer. Here is link for the full article from the NY Times. Of special interest is the last quote, "If we don't act on the estate tax there will be a great cost next year". This makes me think this is the one year extension bill since the estate tax repeal for next year is a revenue cost, but the reversion to the pre 2001 exemptions and rates in 2011 is a revenue gainer. Stay tuned. 
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