Killing Estate Tax Could Kill Charitable Giving

While many Americans would be happy to see the "death tax" go away, many are afraid of the effect it would have on charitable giving.  "In 2010, when the estate tax was temporarily repealed, gross charitable bequests in IRS tax filings totaled $7.49 billion -- a 37 percent drop from $11.9 billion the previous year. The tax returned in 2011, and charitable bequests soared to $14.36 billion." Click here to read more. 

Source: InvestmentNews