Elizabeth Warren Housing Bill Proposes Estate Tax Threshold of $3.5 Million + 55% tax rate

Elizabeth Warren has proposed housing legislation, which would be paid for by increased estate tax revenue.  The increase would result from reducing the exemption from the current $11.18 million amount to $3.5 million amount per person and increasing the rate to 55% for amounts in excess of the exemption amount.

See the following:

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal. 

 

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