TITLE

Tax on heirs in Congress's crosshairs

AUTHOR(S)
Francis, David R.
PUB. DATE
July 1999
SOURCE
Christian Science Monitor;7/26/99, Vol. 91 Issue 167, p17
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
Focuses on the Republican tax cutting bill that was passed in the summer of 1999. How the bulk of the tax saving is skewed to favor the rich; Possible end to estate tax; Estate tax revenues; Arguments for and against the estate tax; How it closes a major tax loophole; How the tax discourages saving and complicates individual financial plans; How it boosts philanthropy and keeps economic power spread; Difficulties for heirs of farms to carry on.
ACCESSION #
2057694

 

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