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Politics : American Presidential Politics and foreign affairs
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To: Jim S who wrote (9271)6/10/2006 4:45:51 PM
From: ManyMoose  Read Replies (2) of 71588
 
A million sounds like a lot to me, but it's really not. Lots of people have an estate that big, particularly if they inherited land or real estate themselves. Maybe if the ceiling were raised to 100 million I'd feel better about it, but I still don't get the principle that says we tax you when you earn it and we tax you again when you die.

The taxes paid from the estate come out of the inheritance of the beneficiaries, so they pay it one way or another.
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