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KoolMoe
Aw Man
Premium
join:2001-02-14
Annapolis, MD
clubs:
·Verizon FIOS
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reply to Plldwnyrpnts
Re: ....so?

I doubt the tax rate is 50%.
It only applies to those with multi-million dollar inheritances.

I generally agree the gov't shouldn't be entitled to one's money but that's pretty well established. They sure don't work hard for it!
Taxes like this are ones I support more. I think those who inherit 10 million can afford to pay 2 million of it to the gov't. Aw, only got 8 million for free from your dead uncle? I'm so sorry
I'd much rather that policy. If we're talking about unfair taxes, how about taking 1/3rd of a low-middle-class salary! That's a lot more painful.

Repealing the Estate Tax is just another friendly backslap for wealthy politicians to give to their wealthy political backers. You and I will never be affected by it.
KM
--
Don't Lie - Be Kind - Realize your Potential

04875776
Rollin' up my dog ends
Premium
join:2006-11-14
Chicago, IL
This year, the estate tax rate is 45% of the amount above $2 million. Doubt away, but it doesn't make the rate lower.
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