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Expert Analysis

What Sanders' Plan Could Mean For Federal Transfer Tax Laws

By George Bearup (June 17, 2019, 11:31 AM EDT) -- Presidential candidate Sen. Bernie Sanders, I-Vt., recently received some notoriety with his campaign proposal "For the 99.8%" which would radically change federal transfer tax laws. If Sanders becomes president and the color of Congress changes to blue in 2020, there could be a dramatic reduction in the gift and estate tax exemptions along with the effective elimination of many conventional estate planning techniques....

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