tax policy center

Just a few months ago, President Obama and Republican lawmakers on Capitol Hill negotiated their way off the fiscal cliff and agreed to make the estate tax a mere shadow of its former self - so much so, according to estimates from the Tax Policy Center, that only 3,800 estates will owe any federal…

Get ready to pay more in taxes, that is, if we fall off the so-called fiscal cliff (and perhaps even if we don't).