Thursday, September 02, 2010 Bring Estate Tax Back in 2010??
There was an interesting article in yesterday's Wall Street Journal by Robert Rubin, the former treasury secretary. Rubin advocates bringing back the estate tax in 2011 at a $3.5 million exemption (the 2009 levels). Many people agree with Rubin on this. Where many will part ways with him is his push to retroactively apply an estate tax in 2010, and bring it back for the remainder of this year. It's unlikely to happen, but we'll keep an eye on it. Check out the article with this link. |