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U.S. House OKs bill to kill 'death tax'

2015-04-17 08:16:07| Auto Dealers - Topix.net

The U.S. House of Representatives today passed a bill to repeal the federal tax that applies a 40 percent tax rate to estates worth at least $5.43 million. The bill, called the Death Tax Repeal Act of 2015, was passed with 240 votes in favor and 179 voting against the measure.

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