Posted on 08/08/2016 12:19:15 PM PDT by ScaniaBoy
That estate tax data is off.
My mother is 93 years-old now. She’s astute and still is a news hound. When Roberts ruled it was a tax she went back in her clipping files (you do not want to see her bedroom - boxes of magazines and newspapers) and showed me where the Democrats said it was a tax.
Good thing is that it can be repealed.
I think that was noted and corrected already in post #2.
Good on your Mother. Wish her many happy returns.
What astounds me is that the US seems full of conservative, astute, well-read, intelligent people. How then can your representatives in the Congress fail time and time again? With a few exceptoions they don’t seem to be the sharpest tools in the drawer.
No, that post was correcting other errors.
Here is the current info on estate tax rates:
http://www.fool.com/retirement/general/2015/12/18/2016-estate-tax-rates.aspx
Freedom, eh?
And .. if you want to watch the whole speech, you can go to C-SPAN and find a replay of the whole speech.
As a head’s up, they usually don’t allow a long play of any applause - unless of course you’re a liberal.
I wish people would fact check their “memes” before posting them & they go “viral”/are passed along the FB chain. For one, the last one listed is a “Medicare surtax of 3.8%”...not a “transaction tax”. See:
http://moneyover55.about.com/od/taxtips/a/Medicare-3-8-Tax-What-Is-It-And-How-Will-It-Affect-You.htm
and
http://realtormag.realtor.org/law-and-ethics/feature/article/2014/03/tax-updates-you-should-know
Change it?
Hell, they didn't even read it!
You can also watch it at C-SPAN.
They lie when they’re campaigning .. we are just too busy to check out what they say .. and they count on that.
How did it pass without a Pubbie vote? Didn’t the Pubs own Congress in 2014?
Or as publius911 wrote above: Change it? Hell, they didn't even read it!
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