How would the changes affect current consumption plans


Problem

According to legislation as of late 2002, the death tax (estate tax) is supposed to be fully phased out by the year 2010, but then reinstated at a maximum 55% rate in 2011. In terms of the LCH, how would these changes affect current consumption plans of those 65 and older?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: How would the changes affect current consumption plans
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