Posts Tagged ‘estate tax’

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    Inheritance Issues

    Dec 19, 11 • 774 Views • No Comments

    From 1941 to 1976, for $10 million and more, the top federal estate tax rate was 77%. $10 million in 1941 would equal $153,897,959.18 today. $10 million in 1976 would equal $39,759,226.71 today. Referring to new federal estate tax legislation...  [read more]

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    Debating the Inheritance Tax

    Jun 12, 10 • 299 Views • No Comments

    Death usually means some money for Uncle Sam and the rest for the real relatives (and unrelated heirs). As a result, when John D. Rockefeller died in 1937, his heirs received 30% of his fortune and the U.S. government got the rest. During March, 2010,...  [read more]

  • J.D. Salinger and the Estate Tax

    Jan 31, 10 • 271 Views • No Comments

    Reading J.D. Salinger’s obituary, I thought about the estate tax and then beyond to a Mark Helprin interview last June. Have you wondered, with the 2010 suspension of the estate tax (called by some the “Throw Momma From the Train Act”), what...  [read more]