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Title: Death Tax Repeal Act of 2015
Vote Smart's Synopsis:
Vote to pass a bill that repeals the estate tax and the generation-skipping transfer tax, effective on the date of enactment of this bill.
Highlights:
- Repeals the tax imposed on the transfer of a taxable estate of a deceased individual (Sec. 2).
- Repeals the tax imposed on the transfer of an interest in property held in a trust to an individual who is 2 or more generations below the generation of the transferor (Sec. 2).