Estate tax in the United States exemption level with a 2001 top rate. That is, had no further legislation been passed, the estate of a person who died in the year 2010 would have been entirely exempt from tax while that of a person who died in the year 2011 or later would have been taxed as heavily as in 2001. However, on December 17, 2010, Congress passed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. Section 301 of the 2010 Act reinstated the federal estate tax. The new law set the exemption for U.S. citizens and residents at $5 million per
Horse racing in Great Britain thoroughbred racehorses can trace a line back to three foundation sires which were imported to Britain in the late 17th/early 18th centuries and the General Stud Book first published by James Weatherby still records details of every horse in the breed. Gambling on horseraces has been one of the cornerstones of the British betting industry and the relationship between the two has historically been one of mutual dependence. The betting industry is an important funder of horse racing in Great Britain, through the betting levy administered by the Horserace Betting Levy Board and through media rights negotiated by racecourses and