Barron’s misses the boat on estate tax


Barron’s misses the boat on estate tax

Filed under: After the bell, Consumer experience, Magazines, Columns, Economic data, PoliticsThe recent Barron's cover story which anointed Mitt Romney and Bill Richardson as the candidates best suited for investors contained this political propaganda: "Polls show that most Americans consider estate taxes to be unjust."That statement is misleading.The latest Gallup poll on the topic from 2000 showed that 53% of people surveyed didn't know enough about the estate tax to have an opinion. Once the issue was explained to them, 60% said they favored eliminating it though only 17% said they would personally benefit from such a move. Exactly how this was explained isn't clear and a recent Yale University paper argued that people's opposition to the estate tax evaporates once they learn how few people actually pay ...

You might be interested in these entries too:

J.G. Wentworth Analysis: What Do You Need to Know About Death, Taxes, and Annuities?

Never die with an annuity. That's a rule of thumb followed by most financial advisors when speaking with their clients about estate planning -- but not one that most annuity...

Lock Up Your Life Insurance In A Trust

Your heirs will surely welcome the proceeds from your life-insurance policy. But they probably won't be thrilled by the estate taxes they may have to pay on the death benefit....

Responses to 'Barron’s misses the boat on estate tax'


  1. No Comments

Leave a Reply





eXTReMe Tracker