Tuesday, April 19, 2005

Federal and State Estate Tax, Who will pay?

WHO WILL PAY THE ESTATE TAX?
By Michelle Malkin · April 19, 2005 11:02 AM

House Republicans voted last week to permanently repeal the estate tax.

This prompted the usual complaints from newspaper editorial writers about tax cuts for the super-rich. As the New York Times editorial board put it, "Repeal would shield the estates of the very wealthiest Americans from the tax.... [M]ost Americans never even have to think about the estate tax, let alone worry about it coming on top of some other tax."

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