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To: socialismisinsidious
and the tax man gets....?

Whatever the going rate is for the Estate tax. What is it? 50-60%?

44 posted on 02/04/2008 2:10:35 PM PST by Bloody Sam Roberts (Bureaucracy is a parasite that preys on Free Thought and suffocates Free Spirit.)
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To: Bloody Sam Roberts

It’s about 50 depending on which state could be more or less. But is that true if the money is given to charity? I think if the money is given to charity then the taxes are much less or not at all.


51 posted on 02/04/2008 4:57:05 PM PST by socialismisinsidious ( The socialist income tax system turns US citizens into beggars or quitters!)
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To: Bloody Sam Roberts

Fed wise it should be down to about 20% this year, under the tax relief passed back in Bush’s first [?] term, the estate tax diminished to 0%, IIRC, by 2010, but then sunsets back to 55% if it isn’t made permanent before then...


65 posted on 02/04/2008 8:57:17 PM PST by Axenolith (Brother, Can you spare a tagline?)
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