estate tax exemption 2022 proposal
Whitmers proposal would cost 757 million once phased in by the 2025 tax year. In Rindge a petition article would go in the opposite direction to the Peterborough proposal by making the requirements more-stringent for the towns elderly tax exemption.
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The proposal would decrease the income limit for the disabled and elderly exemption to 25000 for a single person and 35000 for a married couple and reduce the asset.
. Unlike the Senate proposal the House plan would not lower the corporate income tax or bring back a child tax credit.
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