Bernie Sanders introduces bill to re-establish estate tax threshold

摘要

WASHINGTON-Sen. Bernie Sanders, I-Vt., has introduced a bill that would re-establish the threshold of the estate tax at $3.5 million and set the top taxation rate as high as 77 percent. S. 309, which Sen. Sanders introduced Jan. 31, is also called the "For the 99.8 Percent Tax" and would establish a tax of 45 percent of the value of estates valued between $3.5 million and $10 million.