Death Taxes Around the World

Next year, no matter how preoccupied the federal government is and no matter who is president, a new federal estate tax law is quite likely to be adopted. If it isn't, on Jan. 1, 2010, the U.S. federal estate tax will disappear at least for that one year. Then, on Jan. 1, 2011, rates will revert back to a mere $1 million exemption per person so that even the upper middle class would be taxed. The