“America sits at the same economic crossroads today that Sweden faced five years ago. Sweden’s experience in eliminating the death tax could help the United States save businesses and add jobs at a critical time. Once known as Europe’s socialist paradise, Sweden still has one of the world’s highest top income tax rates (57 percent). But like the US, it no longer has an inheritance tax, or what Americans commonly refer to as the estate or ‘death’ tax. The Swedish Parliament abolished its inheritance tax in late 2004. … The country’s entrepreneurs were moving offshore — and taking their companies with them. The death tax was only making a bad situation worse.” (03/18/10)