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51) Which of the following statements is true? A. The transfer tax rate schedule is regressive in nature. B. The same transfer tax rate schedule

51) Which of the following statements is true? A. The transfer tax rate schedule is regressive in nature. B. The same transfer tax rate schedule is used to calculate both the estate tax and the gift tax. C. The exemption equivalent automatically offsets transfers in calculating cumulative taxable transfers. D. The unified credit automatically offsets all of the tax rates in the transfer tax rate schedule except for the very highest tax rate

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