My financial advice. Hide any redistributable assets you can.
Especially to family farmers. The family ranch that gets passed on for generations that happens to be in the shadow of the Tetons? Oops.
The government it taking it because your heirs can’t afford to pay the taxes on it when you try to pass it on to them because a bunch of millionaires and billionaires decided they liked your surroundings and drove up the price of your land.
It’s frankly criminal.
I guess it’s done to prevent families from becoming virtual loyalty, but it seems massively unjust and punitive.
Rich people don’t bother me.
It’s those who advocate (supposedly) on behalf of the poor who bother me.
They wish to enshrine THEFT as some sort of virtue.
THAT BOTHERS ME!!!!
Or... now that we have the House, take over the Senate and White House and do away with the Estate Tax completely. They tax you on EVERYTHING in life, leave the dead alone.
More institutionalized socialist wealth redistribution.
Government using its immense power to take from earners and give to moochers.
The more immoral; the more sinister. . .the greater the appeal to these people. The morally bankrupt Left, thrives by creating the most miserable of slippery slopes for humankind. That they justify their existence by doing so, even more dispiriting.
('Willful ignorance' - i.e. evil - 'is' what it is. . .and we know from history; we must deal with it.)
How did this get by Boehner?..
Did the House vote this in..?
Who voted For it?...
Here is the way you get around Death Taxes. (If you are truly Rich):
1. You put your money into a Foundation and your State and Federal tax bill on that money is ZERO, before or even after you die.
2. Your relatives then have secondary gain from the prestige of running the Founadation and giving away all that money, tax-free, to whatever "charity" suits their personal or political agenda.
3. You father can then urge that the state taxes of not-so-rich people (like the single guy working a 70 hour week to grow a small business and make $350,000 per year) be raised so that nobody notices that your own family is avoiding paying Billions of dollars of Federal taxes.
"Suckers!"