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Think you’re not wealthy enough? Many in Congress disagree

Summary by thecoastnews.com
On March 12, 2026, Senator Chris Van Hollen introduced the Strengthen Social Security by Taxing Dynastic Wealth Act. This proposal raises the current estate and gift tax rate from 40% to 45%. Reduces the individual lifetime estate tax exemptions from the current $15M level ($30M per couple) down to $3.5M... The post Think you’re not wealthy enough? Many in Congress disagree appeared first on The Coast News Group.
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thecoastnews.com broke the news on Wednesday, May 13, 2026.
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