date:Sep 18, 2013
x through early handouts.
Closing just two estate tax loopholes ones that the Waltons appear to have used would raise more than $2 billion annually over the next decade, according to Treasury Department estimates. That doesnt count taxes lost to the type of charitable trusts the Waltons used to fund projects like the museum; the department hasnt estimated that cost.
More unfair
In a sign of just how much money is at stake, the IRS is trying to collect as much as $2.8 billion from the estate