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Showing Original Post only (View all)The "Death Tax" con job [View all]
When Republicans talk about repealing the "death tax" they mean the Estate Tax.
Here are the details.
It only affects 0.2% of all estates today
Only those estates worth more than $5.49 million this year (or $10.98 million for married couples) even have to file estate tax returns. Then only about half of those end up being taxable after factoring in deductions and credits.
http://money.cnn.com/2017/08/23/news/economy/estate-tax-repeal/index.html
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If they've worked for 40/45 years, they might well make a liitle over $2 million....
haele
Sep 2017
#27
Republicans say if you tax it you get less of it. So death tax sounds good to me.
Cicada
Sep 2017
#30
the whole idea that you should be able to transfer money tax-free is ridiculous.
unblock
Sep 2017
#6
Walmart greeters and convenience store clerks who work hard, do honorable work, are VERY
Eliot Rosewater
Sep 2017
#10