Saturday, April 4, 2009

More Tax Cuts for the Rich?

At a time of soaring deficits and growing needs, the Senate is weighing whether the wealthiest of wealthy Americans should get a tax break worth some $250 billion over 10 years. The Senate today could take up an amendment would shield the first $10 million of estates from taxation and lower to 35 percent the tax on amounts beyond that.

read more | digg story

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