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death tax |
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Alternatively, Congress could allow an adjustment to basis for state death taxes under Sec. Nine out of 10 families whose businesses failed within three years of the owner's death cited the death taxes as a key factor. Even if the federal estate tax is repealed, the largest estates in states that maintain the prior pickup-tax levels will continue to pay state death taxes at a 16% marginal rate," Kurlowicz said. |
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