Congress definitely should not tax the $57.5 trillion in death benefits paid out from life insurance each year, according to the latest IFAwebnews.com poll.
A total of 81% of respondents to the poll said Congress should not levy a new tax on the benefits paid to the beneficiaries named on life insurance policies. The remaining 19% supported imposing the tax.
As Congress and President Barack Obama continue to seek new revenue sources to offset the nation’s growing deficit, concern about the possible taxation of life insurance death benefits increases. No bill has been introduced in Congress at this time.
Participate in the next IFAwebnews.com poll.
Congress, don’t tax life insurance death benefits via IFAwebnews.com .
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