Re:Maybe Warren Buffett Is Warning Us About Something
by disease on Wednesday August 28, 2019 @10:46AM
(#20820299)
The estate tax exemption is $5.49 million and affects less than 1% of all estates.
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Re:Maybe Warren Buffett Is Warning Us About Something
by dragonwriter on Wednesday August 28, 2019 @10:52AM
(#20820358)
> The estate tax exemption is $5.49 million and affects less than 1% of all estates
Well, perhaps pedantic, but the exemption effects 100% of estates. Less than 1% face any tax after the exemption.
Less pedantically, the exemption is actually $11.4 million for 2019:
https://www.forbes.com/sites/ashleaebeling/2018/11/15/irs-an...