Oregon Daily Emerald - University of Oregon news and sports - Estate tax is necessary; it should not be repealed

Oregon Daily Emerald - University of Oregon news and sports - Estate tax is necessary; it should not be repealed: "Estate tax is necessary; it should not be repealed
Editorial

By Emerald editorial board

October 18, 2005

As national debate continues over the repeal of the federal estate tax, it is upsetting to observe how such a government decision could affect Oregon citizens and University students.

The estate tax — spun by the current administration as a “death tax” — allows the government to tax a person’s property, cash and other assets after they die at rates up to 47 percent, but only if those assets total more than $1.5 million."