Sander For News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To embed, copy and paste the code into your website or blog: Vermont senator Bernie Sanders (D) has introduced legislation that would require more estates to pay estate tax and that raises the amounts they would pay. Another proposed law would eliminate the step-up in basis that inherited assets currently enjoy.   Taken together, the changes would “rock” the estate planning world, according to a leading attorney.  Under Sanders’ For the 99.5 Percent Act, the estate tax exemption would be reduced from $11.7 million for individuals and $23.4 million for couples to $3.5 million for individuals and $7 million for couples. Any estate that is valued at under the exemption amount will not pay any federal estate taxes, while those exceeding the exemption threshold would be subject to a progressively increasing tax rate. Estates valued between $3.5 million and $10 million would be taxed at 45 percent, estates valued between $10 million and $50 million at 50 percent, estates valued

United statesBahner stophelCory bookerBernie sandersSander forElizabeth warrenSensible taxEquity promotionJonathan blattmachrஒன்றுபட்டது மாநிலங்களில்கோரி புக்கர்பெர்னி சாண்டர்ஸ்எலிசபெத் வாரன்பங்கு ப்ரமோஶந்