date:Sep 18, 2013
than perpetuate dynastic wealth, a notion of fairness voiced by supporters of the estate tax like Warren Buffett and William Gates Sr.
Estate and gift taxes raised only about $14 billion last year. Thats about 1 percent of the $1.2 trillion passed down in America each year, mostly by the very rich, former Treasury Secretary Lawrence Summers estimated in a December blog post on Reuters.com. The contrast suggests our estate tax system is broken, he wrote.
Unbelievable savings
Alice Waltons mot