President Obama's ambitious tax increase plan would raise $200 billion by gutting step up in basis for income tax purposes on death. For investors and family businesses, get ready for a 68% estate tax.
from Forbes - Business http://www.forbes.com/sites/robertwood/2015/02/03/obamas-proposed-68-death-tax-would-be-highest-in-world/
from Forbes - Business http://www.forbes.com/sites/robertwood/2015/02/03/obamas-proposed-68-death-tax-would-be-highest-in-world/
