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Is inheritance tax less in certain states? such as California/ Nevada?


 

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bankscottage says

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4 years ago
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LandmarkWealth says

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Jim Higgins (xstatic) says

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  • LandmarkWealth profile image

    LandmarkWealth 4 years ago

    That is true, very few people pay the Federal tax since it was substantially increased from 1 mill to 5.12 mill. In fact the Fed Gov't now spends more money in the administration of collecting the tax then they actually get in tax revenue.