Exactly. We move also on the exemption for farms and small businesses, and we go up to $8 million per couple by 2010 on that ladder, as well. We are only talking about extremely large estates and a tiny percentage of people in this country. It is in the hundreds, really, who will wind up paying any type of estate tax--only those who have made it so big that, yes, maybe they can just give back a little bit to this country to pay for the defense of this country.
Barbara Boxer: “Exactly. We move also on the exemption for farms and small businesses, and we go up to $8 million per couple by 2010 on…”
Editor's note · Context
Discussing estate tax exemptions during a debate on tax policy.
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