Article: Will the Death Tax Buy the Farm?(estate tax reform)

FOR MORE AND MORE people today, dying seems to be a bad idea. This is particularly true for the growing number of Americans who are discovering that their demise could bury their estate under a heavy tax burden of 37 percent to 55 percent.

What once was considered a non-issue to the majority of taxpayers, due to its focus on a tiny subset of upper echelon society, is now a startling reality for many. This change is felt acutely in California, where merely owning a home for 20 years can put one squarely within the tax bracket of the elite--at least upon death. Politicians have taken note of these trends and are sounding the trumpet of reform.

"In the ...

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