To: PatrickHenry
The estate tax vanishes in 2010, and then returns with increased vigor in 2111. How do you plan for that?
Don't let your kids near your guns in 2010.
The reason for the return of the 1,000,000 limit was to hide the estimated long term costs to keep within the pay-as-you-go agreements. I think we should raise the exemption to $10,000,000, which should cover the value of family farms and small businesses, and index for inflation. Tax anything above that as regular income. Just think, Patrick "I've never had a $&*%@$% job" Kennedy may have to go to work if he didn't live on Grandpa's bootlegging money!
13 posted on
11/04/2004 10:01:56 AM PST by
Peter vE
(Ceterum censeo: delenda est Carthago.)
To: Peter vE
I could live with your plan.
15 posted on
11/04/2004 10:42:05 AM PST by
ncfool
(WE GOT FOUR MORE YEARS OF LEADERSHIP....WITH BUSH.)
To: Peter vE
Tax anything above that as regular income.But it isn't income! This is money that has already been taxed! One of the outlandish policies of Old England that led to the independence of the U.S.A. was double taxation. Stop the madness!
19 posted on
11/04/2004 11:02:19 AM PST by
TChris
(You keep using that word. I don't think it means what you think it means.)
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