To: B4Ranch
Your post has lots of inaccurate numbers, but I will deal with only one. The inheritance tax does not generate that much revenue, relatively speaking. In your chamber of horrors scenario, the reinstatement of the inheritance tax simply will not balance the books, or anywhere near it. I have some doubt the inheritance tax will actually disappear in any event. For very large estate over 5 or 10 million dollars, its total repeal was a mistake, although a reduction in the 55% tax rate was certainly in order.
2 posted on
09/06/2001 7:58:10 PM PDT by
Torie
To: Torie
Why did they put a 10 tear term to it?
5 posted on
09/06/2001 8:04:54 PM PDT by
B4Ranch
To: Torie
We need to make a simple deal. For every working Mexican family we take, Mexico should take one of the following:
- An elderly Palm Beach couple from Floriduh.
- An enterprising group of hippies who'd like to start their own marijuana farm.
- A eco-freak DINK couple from New England.
- etc.
The cost of living is lower in Mexico and Americans should have the same right to move down there, buy property and otherwise live off the land as the Mexicans moving north. What would Mr. Fox say to such a proposal for reciprocity?
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