February 2010
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If you’re a US billionaire, this is a great time to die.

Chalk it up to political gridlock. For the first time since 1916 there is no estate tax in force in the United States.

Amid all the wrangling and finger-pointing about the budget, government spending and taxes, Congress — under the Democrats’ control, no less — is right now, very quietly, passing the biggest tax break for billionaires in history.

Read more here.

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