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Happy Birthday to the Estate Tax

October 31, 2016Article
Accounting Today

With the 2016 presidential election dominating this fall’s news cycle, you may have overlooked an important and significant celebration—the centennial birthday of the estate tax.

Yes, that’s right. On Sept. 8, 1916, the modern estate tax was born. On the 50th birthday of the estate tax, Star Trek premiered on television. In 1986, on the 70th birthday of the estate tax, the Oprah Winfrey Show had its first national broadcast. Former presidential hopeful Bernie Sanders and award-winning singer Pink both share their birthday with the estate tax. Who knew?

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