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Old 07-19-2011, 11:29 AM   #1533
Cletus Miller
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Join Date: Apr 2005
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Re: New Editorial Standards for WSJ!

Quote:
Originally Posted by Adder View Post
Huh? Small inheritances are already tax free.
Not if it is a small part of a large estate. $10,000 out of a taxable estate would be "subject to" estate tax and go to someone with taxable income under $20k--the numbers underlying that chart were developed by people who want to show how everyone is benefited, so I expect they would do the accounting that way.
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