PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: ecommerceman who wrote (127747)	2/18/2001 1:13:49 AM
From: CVJ	Read Replies (1) of 769670

There might be an easier solution to the estate tax "problem" that arguing about every possible variation from -0- tax to total confiscation. If an estate was treated as capital gains to the recipient(s) after a suitable floor deduction, say raise the $675k to $1,000k and adjust annually for cost-of-living increases. And maybe a formula could be worked out to allow an extended time to pay the taxes. Family owned businesses might not have to be sold just to pay the estate taxes. I personally don't have a dog in this fight; there is nobody left to leave me anything and I don't have anything to leave. But I would like to see some informed discussion either way so I can learn something. I am just a lower income, <$20k, senior not yet retired. But my children now approaching middle age may be interested in passing something on to their kids. Thanking anyone in advance for responding, Chas

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