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Politics : Formerly About Advanced Micro Devices

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To: Daniel Schuh who wrote (123403)8/31/2000 3:43:36 PM
From: Jim McMannis  Read Replies (1) of 1570305
 
RE:"OT: Jeez, Jim. This "Death Tax" business is right up there with another pet Republican whinorama issue, PBA. If you want to vote based on sensationalist fear mongering, that's your choice, but trying to frame inheritance taxes as a populist issue has some obvious demographic problems."

Actually, it had quite a lot of Democrat, (even minority) support.
The sorry thing is that the exclusion hasn't been raised enough. "Rich" now isn't what it used to be.
Heck...A house in Silicon valley would take up the entire exemption...meanwhile...you pay 50% of what you earn in taxes when you are alive and maybe another 38-50% when you die...not to mention what the company pays that you may get a dividend from.
Makes sense to me..
Jim
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