Originally posted by PDXSVT: I guess bMR is volunteering to pay up the difference in lost revenue to the US treasury just so families with wealth can pass 100% of their holdings along.
The Kerry/Heinz and Kennedy families are not supporting an end to the estate tax, but you're threatened by that tax? You must have more to lose by paying it than they do.
The estate tax (in all forms) penalizes families with forethought and those who seek to leave their offspring a better life.
Why am I the devil for wanting my kids to live in a stable environment?
Why should the government be allowed to re-tax assests simply because the owner is deceased? Have we not ALREADY paid income tax? Property tax on real assets? Sales tax on purchases? Yet the simple act of dying means they deserved to be taxed yet again?
Why can't those taxes be structered such that an individual can fully pay his share to the government before dying? Why must his heirs be forced to bear this burden?
Why are you so against wealth created and passed through the generations? You have yet to explain this!
-- 1999 SVT #220 --
In retrospect, it was all downhill from here. RIP, CEG.
