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[United Airlines CEO advocates levying nearly 100% inheritance tax on estates that exceed the threshold] On October 20th, United Airlines CEO called for a national wealth tax on the wealthy class and advocated a nearly 100% inheritance tax on estates that reach a certain size. The current personal exemption amount for U.S. federal estate tax is about $15 million, and only about 0.2% of estates reach the level that requires consideration of paying the tax.
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