Anti Estate Tax Coalition Shifts Focus

According to Chuck Collins, An Estate Tax Victory By Any Other Name, Huffington Post, Sept. 20, 2009, the coalition of wealthy families and corporate lobbyists opposed to the estate are shifting their focus in the estate tax debate:

The anti-estate tax lobby is now shifting its considerable resources toward raising the wealth exemption to $10 million and reducing the rate to 35 percent. This additional tax break for multi-millionaires would cost over $100 billion over the next ten years.

Special thanks to David Luber (probate attorney, Florida) for bringing this article to my attention.