During the 2016 presidential campaign, President Donald Trump vowed on his website to repeal the federal estate tax—the 40 percent tax applicable to estates valued in excess of $5.49 million—in its entirety.
February 14, 2017 at 12:00 AM
1 minute read
During the 2016 presidential campaign, President Donald Trump vowed on his website to repeal the federal estate tax—the 40 percent tax applicable to estates valued in excess of $5.49 million—in its entirety.
Now that he has assumed office, the burning question is: can he follow through with his promise or is this all just much ado about nothing?
Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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