According to legislation as of late 2002 the death tax


Question: According to legislation as of late 2002, the death tax (estate tax) is supposed to be fully phased out by the year 2010, but then reinstated at a maximum 55% rate in 2011. In terms of the LCH, how would these changes affect current consumption plans of those 65 and older?

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Microeconomics: According to legislation as of late 2002 the death tax
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