To: goodnesswins
It is common to have a net worth these days of over a million. And there's a large tax break for leaving it to one's children. It just doesn't cover the multi-millionaires.
People with a net worth of a couple of million dollars probably mow their own lawns, btw. And raise their own kids and swab their own toilets.
Somebody in the GOP leadership, please start listening to Joe Sixpack or we're going to have a DNC majority very shortly and whatever hopes you have of buying Princess her own Learjet will go up in smoke.
95 posted on
06/09/2006 10:59:40 PM PDT by
Mamzelle
To: Mamzelle
People with a net worth of a couple of million dollars probably mow their own lawns, btw. And raise their own kids and swab their own toilets.
People with 5 million probably mow their own lawns, too. If they don't it's cause they are working too hard at their businesses to do it. Sheesh.....wealth envy is not becoming.
99 posted on
06/09/2006 11:06:10 PM PDT by
goodnesswins
( "the left can only take power through deception." (and it seems Hillary & Company are the masters)
To: Mamzelle
This year there is a 2 million dollar deduction that goes as high as near 4.5 million in 2000 I think.
Then I think it expires and might go back to something like the old 600k.
By the way, interesting piece of knowledge.
If you are not a USA citizen, the deductions don't exist and they owe in a big way past the first 20k or so.
100 posted on
06/09/2006 11:07:39 PM PDT by
A CA Guy
(God Bless America, God bless and keep safe our fighting men and women.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson