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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: estate tax

estate tax stories: 10 news summaries
ANALYSIS

Over a Lifetime, Being a Gay Couple Can Cost $470K Extra

Detailed analysis takes health insurance, taxes, other benefits into account

Oct 3, 09 5:10 AM CDT
(Newser) - An exhaustive analysis of the lifetime costs a committed gay couple faces compared to those of a heterosexual marriage finds that, in the worst case, the gay couple pays out nearly $470,000 extra. The study by the New York Times assumed the couples were together until one partner died,... More »

MORE ABOUT:
health insurance • income tax • Social Security • estate tax • heterosexual couples • cost-benefit analysis • same-sex couples • marriage penalty

analysis

'Pull the Plug on Grandma'? That's GOP Policy

Republicans, not Obama, willing to let elderly die off: Weisberg

Aug 30, 09 5:20 PM CDT
(Newser) - Chuck Grassley’s warning that Obamacare will “pull the plug on Grandma” has become a rallying cry for the GOP’s anti–health reform efforts. But looking at past policies, it’s the GOP that's out to get grandma, Jacob Weisberg writes in Newsweek. A wide range of Republican... More »

MORE ABOUT:
Clean Air Act • GOP • humor • Charles Grassley • health care reform • Social Security • estate tax • George W. Bush

OPINION

Forget AIG: The Outrage Is Estate Tax Giveaway

Ten turncoats make absurd stand on
Estate Tax

Apr 10, 09 12:05 PM CDT
(Newser) - Ten Senate Democrats have joined with Republicans in opposing President Obama’s plan to reinstate the estate tax, set by the Bush team to expire next year, on amounts over $3.5 million. Michael Kinsley, writing in the Washington Post, has one question: “Why in the world?” Currently,... More »

MORE ABOUT:
Barack Obama • Democratic Congress • Senate Democrats • estate tax

Obama Wants
to Revive
'Death Tax'

Estate levy set to expire in 2010; Dems want richest 2% to pay up

Jan 12, 09 10:52 AM CST
(Newser) - With the estate tax—a levy on inheritances dubbed the “death tax” by opponents—set to expire in 2010 as a last gasp of President Bush’s 2001 tax cuts, Barack Obama and fellow Democrats are looking to keep America’s richest paying up, the Wall Street Journal reports.... More »

MORE ABOUT:
Barack Obama • ultra rich • small business • estate tax

Your money

Time Is
Ripe to Pass
Cash to Heirs 

Struggling market
can help you avoid
paying estate tax

Oct 18, 08 12:05 PM CDT
(Newser) - Sinking stocks offer a window of opportunity when it comes to passing your money on to heirs without incurring huge taxes, Anne Tergesen writes in the Wall Street Journal. Transferring struggling assets to the next generation can mean a big payoff for the heirs when conditions improve—without the estate... More »

MORE ABOUT:
stock market • taxes • trust fund • investments • charity • inheritance • interest rate • estate tax • financial crisis

Opinion

It's Our Tax Money Going to Helmsley's Dogs

Charitable donation laws subsidize the whims of the rich

Jul 9, 08 8:27 AM CDT
(Newser) - Leona Helmsley’s latest post-mortem shocker—the revelation that she earmarked $8 billion of her charitable bequest for dog welfare—is a perfect illustration of the insanity of our charity laws, writes Ray Madoff for the New York Times. Helmsley isn’t just spending her own money; because charitable donations... More »

MORE ABOUT:
charity • Leona Helmsley • Trouble • estate tax • dog • tax dodge • charitable trust

Gay Couples Steer Clear of Altar

Many same-sex partners find responsibilities outweigh benefits

Feb 22, 08 12:19 PM CST
(Newser) - As domestic partnerships, civil unions, and even same-sex marriage gain traction, reality has tempered the gay community's exuberant initial reaction, Salon reports. For numerous reasons, both practical and ideological, many couples would rather not get hitched. Those who haven't cite concerns from worry over inconsistent laws to resentment of what... More »

MORE ABOUT:
gay marriage • divorce • marriage • Massachusetts • estate tax

Lott Likely to Snare Lobby Job

Timing of departure suggests he'll return as lobbyist

Nov 27, 07 2:50 AM CST
(Newser) - Republican Minority Whip Trent Lott is quitting the Senate—but he's probably not leaving Washington or politics for very long. The timing of Lott's departure suggests he is planning a lucrative career as a lobbyist, reports MSNBC. A resignation in 2008 would have required a two-year "timeout" before Lott... More »

MORE ABOUT:
Senate • Trent Lott • Mississippi • Senate Finance Committee • estate tax • Minority Whip • Lobbying eligibility

Why Doesn’t the Right Embrace Huckabee?

Christian leaders care about tax breaks, not charity, NYT argues

Oct 25, 07 9:07 PM CDT
(Newser) - Why is it that leaders of the religious right aren’t rallying behind authentically conservative Mike Huckabee, wonders  New York Times columnist Gail Collins. Huckabee—who Collins notes is “on his first wife and first position on abortion”—is the obvious conservative choice, she proposes, but Values Voter... More »

MORE ABOUT:
religious right • Arkansas • Mike Huckabee • charity • estate tax • Chuck Norris

Hillary Offers 401(k)s for All

Feds would match up to $1,000 for middle income Americans

Oct 9, 07 6:10 PM CDT
(Newser) - Today Hillary unveiled a new plan, vowing to help Americans retire by matching $1,000 of their savings with federal funds. She says feds can match 50-100% of the first $1,000 saved in a 401(k)-style account, depending on one's income. She plans to pay the $20-$25 billion tab by... More »

MORE ABOUT:
Clinton 2008 • retirement fund • estate tax

10 Stories


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