In 2011 the estate tax comes back to current levels.
One way to do that would be through the federal estate tax.
The estate tax could prove to be the most difficult issue for the committee.
Indeed, estate taxes can add up to very real money.
The reason goes back to a 1926 agreement between Congress and the states when the federal estate tax was created.
His real estate taxes recently went up by about $500 a year.
And the money is never again subject to estate taxes.
The estate tax raised an estimated $23.4 billion last year.
Last year, real estate taxes on the Point were $69,758.
Yet at the death of the father, the son would get the entire property with no estate tax due.