Tag: obama raising taxes

What Happens to the Wealthy if Latest Estate Tax Proposals Pass?

If you haven’t heard by now, there is a chance that wealthy business owners could be taking a big hit thanks to a proposal announced last month by the U.S. Treasury Department. We discussed this proposal in a previous blog:

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Is Obama Secretly Trying to Raise the Death Tax Again?

Democrats and Republicans have been battling over the estate, or death tax for decades. Democrats always push for a higher rate, while republicans would like to completely eliminate it. During the most recent Bush administration the death tax dropped from

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