Free Market
Author:
Timothy D. Terrell
Online Publish Date:
The Free Market 15, no. 10 (October 1997) Among the tax discussions on Capitol Hill this year are the proposed changes in the 80-year-old inheritance tax. Part of the Republican tax plan calls for an increase in the estate tax exemption from $600,000 to $1,000,000, with considerably larger exemptions for farmers and other small business owners.