I like to call it what it is: it's a death tax. And we know that today, as a result of these tax cuts, the schedule that was set up almost 10 years ago, for someone that passes away in 2010, the death tax is zero percent.
On the recordDecember 8, 2010
Source
govinfo.govEditor's note · Context
The speaker is discussing the implications of tax cuts on the estate tax.
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