inheritance tax – News Stories About inheritance tax - Page 1

Heiress Has Plan to
Redistribute Her Inheritance

Heiress Has Plan to Redistribute Her Inheritance

Marlene Engelhorn's first step was to send letters to 10K randomly selected Austrians

(Newser) - "If politicians don't do their job and redistribute, then I have to redistribute my wealth myself," says Marlene Engelhorn, an Austrian-German heiress who is seeking to give much of her inheritance away. She has a plan on how to do it. The 31-year-old Vienna resident mailed 10,...

Samsung Heirs to Pay Truly
Staggering Inheritance Tax

Samsung Heirs to Pay Truly Staggering Inheritance Tax

That's a lot of zeroes...

(Newser) - An estate tax bill with 10 zeroes in it? It's apparently possible, and being levied in South Korea, where the family of Samsung Electronics chair Lee Kun-hee is settling his estate following his October death . South Korea's inheritance tax rate of 50% is second only to Japan's...

Trump Responds
to NYT Report on
His Inheritance

Oct 3, 2018 9:50 AM CDT

Trump Responds to NYT Report on His Inheritance

'Very old, boring'

(Newser) - Those waiting for President Trump's response to the New York Times investigation into what it says was the $413 million inheritance (in today's dollars) he received and the alleged "dubious tax schemes" around it got it mid-morning. The president tweeted , "The Failing New York Times did...

69% of Americans Support Obama's Tax Deal

Dec 13, 2010 2:25 PM CST

69% of Americans Support Obama's Tax Deal

Even when confronted with deficit issues, support only drops to 62%

(Newser) - Bernie Sanders may not like President Obama's tax deal, but most of America supports it. A new ABC News /Washington Post poll shows 69% support the tax-and-benefits package and only 29% oppose it. Even when confronted with the fact that it could add $900 billion to the deficit, the level...

Steinbrenner Heirs Will
Dodge Massive Estate Tax

Jul 14, 2010 2:25 AM CDT

Steinbrenner Heirs Will Dodge Massive Estate Tax

Billionaire, 80, died the right year

(Newser) - It's an auspicious year for Yankees owner George Steinbrenner to die—at least for his heirs. They'll dodge massive estate taxes because the federal inheritance tax law has expired, leaving legacies largely untapped by Uncle Sam. Steinbrenner's estate is estimated at $1.1 billion. Had he died last year, his...