The elimination of inherited wealth has long been one of the planks of the communist manifesto.
“The elimination of inherited wealth has long been one of the planks of the communist manifesto.”
President Trump should also go regulatory and say all foundations with over 1 million dollars in foreign donations will be subject to a 90% fine. It’s not a tax!
Any questions?
An odd thing happened with death taxes. Something about being between laws governing and it boiled down to the year 2010. Anyone dying during that year and their beneficiaries were not taxed at all.
In my case, my mother died during that year and there was no federal tax nor reporting required on it. The Georgia tax implications were tied to what the Feds took. Essentially the entire inheritance/estate taxes were nil. From my understanding, it was just that year, 2010.
The elimination of inherited wealth has long been one of the planks of the communist manifesto.
the very existence of a death tax reveals the absolute and evil dementia to which the human mind can descend...
the untouchable wealth will remain untouchable....
glad I don't have to worry about this...:(