Rates on estate taxes would rise to 40 percent, on amounts above $5 million.
You just got to laugh at this BS, 39.6% on one and 40% on the other, yeah, that's the ticket.
I recall when Reagan had the agreement with the postage stamp fraud speaker of the 80’s to lower the top rate and at the same time reduce the deductions high earning people could deduct. Now we have the reduced deductions and the rates go back up to what they were. NEVER cut a deal with the devil.
And estates get taxed why??