Editorial: Taxing estates/It's good for the country

Editorial: Taxing estates/It's good for the country: "Editorial: Taxing estates/It's good for the country
May 3, 2005 ED0503
In the argument over repeal of the national estate tax, which has passed the House and will be before the Senate soon, supporters of repeal frequently assert that the assets of an estate have 'already been taxed' and that the estate tax amounts to double taxation. That's not quite right; 36 percent of the value of estates worth more than $1 million comes from untaxed capital gains."