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An estate of 5 million pays $0 in estate tax. The tax is on the amount (net of deductions) OVER 5.34 million. A net $6m estate would pay about 4% (264k), not
by loumf 12y ago
An estate of 5 million pays $0 in estate tax. The tax is on the amount (net of deductions) OVER 5.34 million.
A net $6m estate would pay about 4% (264k), not 40%.