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To: OldDeckHand

I did not read the article, but the headline is clearly in error in that heirs do not pay estate taxes; the deceased’s estate pays the taxes.


30 posted on 07/14/2010 3:54:45 PM PDT by Loyal Buckeye
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To: Loyal Buckeye

[quote]
The rules for Budget Reconciliation are somewhat complex, and I’m not sure there’s time to get it done during the lame duck session.
[/quote]

Obama will just pass it through Executive Order. He’ll put it so that everyone who died in 2010 pays a 100 percent estate tax.


31 posted on 07/14/2010 5:12:27 PM PDT by BenKenobi (We cannot do everything at once, but we can do something at once. -Silent Cal)
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