On December 6, 2010, President Obama announced that he reached a tentative deal with republicans to extend the Bush Tax Cuts and reform the federal estate tax.
The writers and bloggers at Forbes.com have been covering the issue from many angles. Featured on the Forbes.com webpage are two of my recent blog posts:
There are a number of other blog posts to mention, including:
- Brian Wingfield, How The Tax Compromise Might Affect Estate Planning, Business in the Beltway.
- Hani Sarji, Obama-Republican Estate Tax Deal Draws Criticism: “The Deal Is Unacceptable”, Estate of Confusion.
- Janet Novack, Washington's New M.A.D. Doctrine: Mutually Assured Deficits, Taxing Matters.
- Hani Sarji, Obama Announces Estate Tax Deal With Republicans: 35% Tax Rate And $5 Million Exemption, For Two Years, Estate of Confusion.
- Brian Wingfield, Taxes? Hold 'Em!, Business in the Beltway.
- Brian Wingfield, Statement By The President On Tax Cuts and Unemployment Benefits, Business in the Beltway.
For other coverage of the Obama deal, see Paul Caron, More on the Obama-Republican Tax Cut Deal, TaxProf Blog, Dec. 8, 2010.
Also, Forbes.com writers and bloggers have covered the recently introduced and defeated Baucus proposal:
- Hani Sarji, With Baucus Bill Blocked In Senate, What Now For Estate Tax?, Estate of Confusion.
- Ashlea Ebeling, Estate And Gift Tax Bombshell, The Best Revenge.
(Also note that like other Forbes.com bloggers, I am grabbing the headlines for many of the articles that I am reading. One of the readers of Estate of Confusion told me that he finds My Headlines Grabs very helpful. Let me know what you think: http://blogs.forbes.com/hanisarji/headline-grabs/)
Again, it seems like Obama is more concerned with being the nice guy and compromising than actually standing up for something that will benefit the greater good rather than the select (wealthy) few.
Posted by: estates and trusts | 01/21/2011 at 04:40 PM
Obama good speaker
Posted by: Stone | 07/14/2011 at 06:03 AM
Pres. Obama had was being so helpful with his people, he's not just thinking of his own good but thinking first of his peoples good.
Posted by: John Smith | 08/26/2011 at 02:09 PM
thanks for the insight!
Posted by: The Tax Club | 11/09/2011 at 02:56 PM
good share,I hope more people discover your blog because you really know what you're talking about. Can't wait to read more from you!
Posted by: Daniel Milstein | 01/12/2012 at 12:26 AM