12.04.09
U.S. House votes to extend estate tax
The House of Representative voted on Dec. 3 to permanently extend the current $3.5 million estate tax threshold and 45% tax rate on estates exceeding that amount. The Senate has until Dec. 31 before federal estate taxes go away for a year and then come back with an exemption of only $1 million. http://voices.washingtonpost.com/capitol-briefing/2009/12/house_votes_to_make_current_es.html?hpid=topnews