[Paleo Conservative]

I love it when the liberals big supporters turn out to be hypocrits. I applaud Gates and Buffet for their philanthropy. Im also happy to see them stick it to the feds.

It's a lot easier to stick it to the feds when you have an estate that large than if you have $1-$10 million estate. The heirs of people with smaller estates ofen have to liquidate the property at a substantial loss to pay the inheritance taxes.

[SauronOfMordor]

It's a lot easier to stick it to the feds when you have an estate that large than if you have $1-$10 million estate. The heirs of people with smaller estates ofen have to liquidate the property at a substantial loss to pay the inheritance taxes.

When you own a business it's easier to shift the money to kids or grandkids. Install the kid as CEO of the company and pay a huge salary (or better yet, do a deal with a similarly wealthy friend where you "take care" of his kid in exchange for his taking care of yours). Have friends to real estate transactions that work to the kid's profit. Etc, etc