Bloomberg: Business Lobbyists Push to Revive Estate Tax They Tried to Kill

Bloomberg, in an article titled "Business Lobbyists Push to Revive Estate Tax They Tried to Kill," reports that the National Federation of Independent Business and the Associated General Contractors of American are calling on Congress to reinstate the estate tax at a rate of 35% with a $10 million exemption.  The two groups fear that Congressional inaction will result in the reappearance of the 55% tax rate with only a $2 million exemption. 

Posted by Patrick Siegfried, Associate Editor, Wealth Strategies Journal.