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federal tax code, Alabamians will be forced to pay estate taxes in 2013, the Tax Foundation says.

rate of the maximum credit allowed under federal law" (within Alabama Code

Federal law was changed in 2001 to eliminate those "pick up" opportunities, causing most states to discontinue their own estate taxes. But Alabama is one of several states that, according to the Tax Foundation, "will tax at the

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´╗┐Alabama Adidas Boost Running will automatically reinstate an estate tax

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Adidas Boost Running

40 15 2 et seq., according to the Foundation's Joseph Henchman).

these dormant taxes in place because of how estate credits worked prior to 2001. In years past, states were allowed to "pick up" the Adidas Basketball Shoes Photos

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estate taxes levied by the federal government and claim them as their own. It made sense for states to do this because the taxes would have been levied anyway, so it behooved them to claim the money for their own coffers rather than let the dollars go to Washington.

states have Adidas All Star 2

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Alabama's own state legislators can't do much to keep the federal estate tax from coming back, so Alabamians will be paying more unless a deal is reached. But because of the way Alabama's law is written, the re activation of the estate tax may help boost Alabama's revenues in 2013.

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Adidas Boost Running

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Alabama is one of many states that currently has what the Tax Foundation calls a "dormant state estate tax" within its laws. The tax would automatically be re activated if the federal government allows the nation to go over the cliff and the federal estate tax comes back.

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