Changes in valuation discounts and dividends-received deductions are proposed
More than $24 billion in additional estate taxes would have to be paid from fiscal 2010 to fiscal 2019 under a budget proposal for the next fiscal year released Monday by the Obama administration.
Under the budget, the largest tax increases would come from modified rules on valuation discounts, which would result in more than $19 billion that would be paid in additional taxes over the decade...
Investment News: Obama administration targets estates, insurance in 2010 budget