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CwebbMichSac4 07/22/20 1:08:03 AM #1: |
do you?
Vote
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Questionmarktarius 07/22/20 1:11:45 AM #2: |
All you'll ever really get out of an estate tax is Jeff Bezos dying "penniless", while family farms become subdivisions.
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PMarth2002 07/22/20 1:13:25 AM #3: |
For rich people, sure.
--- No matter where you go, there you are. ... Copied to Clipboard!
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The Popo 07/22/20 1:14:20 AM #4: |
It only effects people with estates worth over about $11.5 million. And anyone worth that kinda money deserves to pay the tax if they werent smart enough go through some estate planning with a CPA to get around it.
--- Live action Hungry Hungry Hippos though, now that was a sport. ~Aeon Azuran ... Copied to Clipboard!
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CADE FOSTER 07/22/20 1:14:29 AM #5: |
fuck yes if your money transfers to some one else its new money
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CwebbMichSac4 07/22/20 1:14:49 AM #6: |
Questionmarktarius posted...
All you'll ever really get out of an estate tax is Jeff Bezos dying "penniless", while family farms become subdivisions.what? the upper bracket for the estate tax is 40 perc. that's hardly penniless, for him ... Copied to Clipboard!
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Questionmarktarius 07/22/20 1:14:57 AM #7: |
The Popo posted...
It only effects people with estates worth over about $11.5 million. And anyone worth that kinda money deserves to pay the tax if they werent smart enough go through some estate planning with a CPA to get around it.See #2. ... Copied to Clipboard!
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CwebbMichSac4 07/22/20 1:16:05 AM #8: |
The Popo posted...
It only effects people with estates worth over about $11.5 million. And anyone worth that kinda money deserves to pay the tax if they werent smart enough go through some estate planning with a CPA to get around it.i think the irs laywers know about rich peoples' tricks and do come after them even if they do do that. ... Copied to Clipboard!
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Philoktetes 07/22/20 1:16:19 AM #9: |
no
that money was already taxed once when i earned it the government shouldnt get to double dip when i want to pass it on to my son --- I don't think so, Tim. ~~ Pizza Crew ~~ ... Copied to Clipboard!
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The Popo 07/22/20 1:16:42 AM #10: |
CwebbMichSac4 posted...
i think the irs laywers know about rich peoples' tricks and do come after them even if they do do that. There are perfectly legal ways to get around it through gifting and trusts. --- Live action Hungry Hungry Hippos though, now that was a sport. ~Aeon Azuran ... Copied to Clipboard!
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CwebbMichSac4 07/22/20 1:19:49 AM #11: |
The Popo posted...
There are perfectly legal ways to get around it through gifting and trusts.those 2 aren't taxed at all? wasn't sure ... Copied to Clipboard!
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The Popo 07/22/20 1:26:00 AM #12: |
CwebbMichSac4 posted...
those 2 aren't taxed at all? wasn't sure You can gift $15,000 to a person each year without being taxed (and you can gift to as many people as you like), so some rich people will start gifting to their children (and other friends/family) earlier on to get as much out of that as possible. Donations to charities can be done tax free. The exact rules in trusts are a bit out of my grasp, but there are absolutely ways to go about it to avoid the estate tax. --- Live action Hungry Hungry Hippos though, now that was a sport. ~Aeon Azuran ... Copied to Clipboard!
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ThePrinceFish 07/22/20 1:28:33 AM #13: |
The money was taxed when it was earned. Estate taxes are even more theft than normal taxes.
--- Then shall the righteous shine forth as the sun in the kingdom of their Father. Who hath ears to hear, let him hear. ... Copied to Clipboard!
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Notti 07/24/20 6:44:11 AM #14: |
Estate taxes are best taxes.
You can't take it with you. The money is changing hands, and is therefore allowable to be taxed. --- https://youtube.com/TheYoungTurks Bernie > Biden > poop > Trump https://RightWingWatch.org http://reddit.com/r/BreadTube http://youtube.com/ChadTheChud ... Copied to Clipboard!
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