He does not care about your parents (the old geizers) but he does want their money.
They have proposed 50% inheritance tax to pay for National Health Care.
The Obamanista’s are Traitors, Theives, Liars, Commies and worse.
Scum of the Earth.
DITTO
Yep...they'll need to kill 'em a little faster to keep up with the healthcare demand.
Ding, ding, ding...
We have a winner! (Kudos to the astute posters here!)
The ‘public plan’ is just a way to perpetuate the ponzi scheme known as ‘Medicare’. Every good ponzi scheme needs more rubes...er.ah...victims...er.ah...clients. (Yeah, that’s the ticket!)
They have proposed 50% inheritance tax to pay for National Health Care.
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What is the current %% of inheritance tax???
“They have proposed 50% inheritance tax to pay for National Health Care.”
My Trophy wife has been fighting me re taking out a Reverse Mortgage. She wants to leave our heirs the home and whatever is left.
If that happens re the estate tax, we will take out and max out on the Reverse Mortgage with a lump sum. Then, we will give out the yearly $ maximum re gift tax exemption to our sons, DIL and grand kids.
The $’s from a reverse mortgage are non taxable. Now if we give to our sons/dil and grand kids, we have to take money from our of our IRAs and get taxed on it. An example: If, we want to donate $1000 to each grand kid’s 529, we have to withdraw $3,000 from our IRA (paying $1,000 in Federal Taxes and Calfifornicator taxes).