Why the Death-Tax Movement Died

The Wall Street Journal carries news that President-elect Barack Obama plans to prevent the estate tax from expiring in 2010. This was somewhat expected, since it was a mainstay of his campaign. And anyone who thought the wealthy could avoid higher taxes with a Democratic president and Congress because of the economic crisis is clearly deluded. The politics of wealth have simply changed too much.

Click here to read the Wall Street Journal article.

Share:
Posted in: