lly in the last several years. In the odd year out, 2010, the estate tax disappeared entirely —just long enough for several billionaires, including George Steinbrenner, to die and avoid millions, even billions, in estate tax liability. But this coming year, unless Congress gets its act together, estates worth more than $1 million will face a daunting estate tax rate as high as 55 percent. I know farmers in the Midwest who net less than $100,000, but because of the high value of corn and soybean acreage, could potentially face estate taxes in the millions. Talk about having to sell the family farm!" READ MORE
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