Harry Moroz: The Middle Estate

Harry Moroz: The Middle Estate: "At the beginning of the month, Senator Blanche Lincoln, Democrat of Arkansas, sponsored an amendment to the Senate's budget plan that was designed to provide 'estate tax relief'. In essence, the amendment would increase the exemption from the estate tax to $5 million (it is currently $3.5 million) and lower the maximum rate to 35% (it is currently 45%). President Obama proposes to maintain the current estate tax structure, but index the exemption for inflation."