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state of the union

Obama’s State of the Union: “Death is a tax loophole” [Darleen Click]

… and by golly, how dare parents and grandparents pass the property and assets they spent a lifetime earning on to their own kids! President Barack Obama is proposing new taxes on the wealthiest Americans that would limit their profits from investments and make it harder for them to pass assets to heirs. […] He would increase the top tax rate on capital gains and dividends to 28 percent from