Estate tax in the United States maximum allowable credit is $2 million for that year, so the taxable value is therefore $1.5 million. Since it is 2006, the tax rate on that $1.5 million is 46%, so the total taxes paid would be $690,000. Each beneficiary will receive $1,000,000 of untaxed inheritance and $405,000 from the taxable portion of their inheritance for a total of $1,405,000. This means the estate would have paid a taxable rate of 19.7%. As shown, the 2001 tax act would have repealed the estate tax for one year (2010) and would then have readjusted it in 2011 to the year 2002
All Britain Anti-Poll Tax Federation All Britain Anti-Poll Tax Federation The All Britain Anti Poll Tax Federation, commonly known as "the Fed", was an organisation in Great Britain to co-ordinate the activities of local Anti-Poll Tax Unions (APTUs) campaigning against the Poll tax (officially the "Community Charge") brought in by Margaret Thatcher's Conservative government in 1989 (Scotland) and 1990 (England and Wales). The BBC technicians' union, Broadcasting and Entertainment Trades Alliance (Beta) affiliated to the Fed, unlike many other trade unions. In November 1989 the All Britain Anti-Poll Tax Federation was set up largely by the Militant tendency as a national body which included many