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Friday, October 01, 2010
Unresolved Tax Questions Dog Lame Duck Session
Unresolved Tax Questions Dog Lame Duck Session: "One indicator of the unpredictability that might lie ahead is the trouble that Congress had in addressing the estate tax. Throughout 2009, there was no doubt in anyone’s mind that the expiring estate tax would be addressed before the year was over. Not only was it not acted on in 2009, a year has passed since then and it is still up in the air. This happened while both chambers of Congress as well as the executive branch were controlled by the same party. The point here is that nothing is certain, not even death and taxes."
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