Death tax revenue tumbles 22%

The death of the estate tax has been greatly exaggerated. Federal estate tax collections fell 22% from a year ago in fiscal 2010, to $16.9 billion, the IRS said Monday. That's the lowest since 1997. Collecting�less in taxes from the rich�is not�a wise�policy at a time of trillion-dollar deficits, obviously. Still, you'd have to say [...]

Source: http://finance.fortune.cnn.com/2011/03/14/death-tax-revenue-tumbles-22/

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