Networks Ignore Report Claiming Clintons Trying To Avoid Paying Estate Tax They Support

On Wednesday, June 17 Bloomberg reported that Bill and Hillary Clinton are taking advantage of financial planning strategies to avoid paying a hefty estate tax, even though the Clintons are prominent supports of the tax.

Despite the report, ABC, CBS, and NBC have all ignored the story on both their morning and evening newscasts. According to Bloomberg: “The Clintons are using financial planning strategies befitting the top 1 percent of U.S. households in wealth. These moves, common among multimillionaires, will help shield some of their estate from the tax that now top out at 40 percent of assets upon death.”

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Heritage: The Estate Tax Debate

HERITAGE FOUNDATION, 12/29/2009 - THE DEATH TAX, Burden on American Business. "In the coming weeks, Congress will once again take up debate on the dreaded estate tax (also known as the "death tax"). The death tax expires for one year, beginning on January 1, 2010, before coming back in full force on January 1, 2011." Read more and watch video... Read More......