The For the 99.5% Act – The Time to Act Is Now
The “For the 99.5%” Act was introduced on March 25, 2021 by Senator Bernie Sanders. This proposed Act represents the beginning of the real discussion surrounding the long-awaited Biden-era tax increases. Among many things being proposed in the For the 99.5% Act are a reduction in the federal estate tax exemption to $3.5 million per …