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To: martosko
So your income is taxed when earned. If you invest it and have gains, the Federal Government gets 35% of the net sales before you are paid, and then 15% of your share. If you happen to save up enough at death to leave your family the Federal Government get 50% of that.

Only Fareed and his Socialist friends would view death as a taxable event.

13 posted on 10/23/2011 9:07:43 AM PDT by Mikey_1962 (Obama: The Affirmative Action President.)
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To: Mikey_1962

Remember when Clinton taxed not only social security but he also went back and taxed the dead during his first term?


63 posted on 10/23/2011 10:30:50 AM PDT by celtic gal
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