To: SeekAndFind
How can you pay more than 100%?
6 posted on
04/08/2014 2:29:56 PM PDT by
smokingfrog
( sleep with one eye open (<o> ---)
To: smokingfrog
How can you pay more than 100%?Involuntary servitude for your heirs.
11 posted on
04/08/2014 2:56:56 PM PDT by
Navy Patriot
(Join the Democrats, it's not Fascism when WE do it, and the Constitution and law mean what WE say.)
To: smokingfrog
How can you pay more than 100%? They rip the gold fillings out of your teeth, then go after your heirs' gold fillings too.
To: smokingfrog
How can you pay more than 100%? If that portion of your estate is valued at $100K, then your tax bill would be for $164k.
Hey, it is only your fair share, right?
To: smokingfrog
16 posted on
04/08/2014 3:11:58 PM PDT by
SC DOC
To: smokingfrog
17 posted on
04/08/2014 3:11:58 PM PDT by
SC DOC
To: smokingfrog
“How can you pay more than 100%?”
It’s more than 100% of the amount that is over a particular thresold. I’m not sure if the article is clear or not, I’m too lazy to read it carefully.
But one problem with estates is valuation, your estate might be “worth” a lot of money, but if it is property (real or portable) it’s not like you’ve got that “value” in cash to pay the bill.
And who is to say how quickly or for how much any given piece of property can be sold?
24 posted on
04/08/2014 4:28:06 PM PDT by
jocon307
To: smokingfrog
How can you pay more than 100%?
It's not on the entire estate, so the over 100% portion ends up hitting another part.
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