Julian Robertson and Robert Rubin DON'T Want to Pass Tax-free Fortune to Heirs

July 21, 2010

Original publication: BusinessInsider.com

Date of publication: July 21, 2010

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"Right now, millionaires and billionaires who die in 2010 can pass on their fortunes to heirs without any estate tax.

So, thanks to the expiration of 2001 Bush tax cuts and the year of Congress not doing anything about it, many somewhat cruel heirs have, maybe, a reason to hope their parents die this year.

Two guys that are now saying they want the estate tax reinstated ASAP, hopefully before August when Congress recesses, are Julian Robertson and Robert Rubin. [...]"

Read the full column by Courtney Comstock on BusinessInsider.com