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To: fwdude
The estate tax is exceedingly wicked, amounting to a TRIPLE tax in many cases. It further destroys, financially, many families already destroyed by the death of a loved one.

Had a guy trying to explain to me why the estate tax was valid. Said it was a tax on the gains a property made over the course of the life of the owner. I asked a very simple question he couldn't answer. I asked, who benefitted from these gains if the property simply passed hands from one family member to another (or several) and was never sold, such that no actual gain was realized? He couldn't answer that. How is it a gain to anyone if that property is never sold?

10 posted on 04/27/2017 12:54:00 PM PDT by IYAS9YAS (An' Tommy ain't a bloomin' fool - you bet that Tommy sees! - Kipling)
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To: IYAS9YAS

There’s a good reason it’s nicknamed the “death tax.” you almost can’t afford to die in certain circumstances.


18 posted on 04/27/2017 3:17:19 PM PDT by fwdude (Democrats have not been this angry since Republicans freed the slaves.)
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