H.R.3905 - Estate Tax Relief Act of 2009

To amend the Internal Revenue Code of 1986 to repeal the 1-year termination of the estate tax, to increase the estate and gift tax unified credit, and to coordinate a reduction in the maximum rate of tax with a phaseout of the deduction for State death taxes. view all titles (2)

All Bill Titles

Official: To amend the Internal Revenue Code of 1986 to repeal the 1-year termination of the estate tax, to increase the estate and gift tax unified credit, and to coordinate a reduction in the maximum rate of tax with a phaseout of the deduction for State death taxes. as introduced.
Short: Estate Tax Relief Act of 2009 as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Sort By

Comments Feed

Filtered Comment [ show ]

DKennedy 11/12/2009 3:19pm

Link Reply
+ 1

↓

↑ Overall Rating: 5.0 | 1 of 1 found useful.

Berkley Estate Tax Bill Would Add Billions to Deficit While Benefiting Only Wealthiest 1 in 500 Estates

A new estate tax bill introduced by Representative Shelley Berkley (D-NV) and others would cost $91 billion more over the first decade (2012-2021) than extending the tax under its current rules as the President has proposed, yet would benefit only the nation’s wealthiest 0.2 percent

and you are a Democrat?

Bad Bill. Shelley Berkley, you should be ashamed.
Filtered Comment [ show ]

DKennedy 11/12/2009 3:24pm

Link Reply
+ 1

↓

↑ Overall Rating: 5.0 | 1 of 1 found useful.

The current rules already are generous. Under them, an individual can inherit With the nation on an unsustainable fiscal path and many middle-class families losing their jobs and their homes, it is difficult to justify providing the top 0.2 percent of estates — the estates of the wealthiest 1 in every 500 people who die — with a costly new tax cut so they can pass on even larger inheritances tax-free.