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Politics : Ask Michael Burke

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To: Freedom Fighter who wrote (110017)11/25/2007 4:03:18 PM
From: Skeeter Bug  Read Replies (1) of 132070
 
wayne,

your argument is a total red herring.

nowhere does warren buffet say you can't help out your family.

let's let you do the math, b/c you either don't understand the death tax or you are choosing to mislead people.

i have 3 million in wealth at the time i die. how much of that will be taken in death taxes and how much of that will be left over to give to family?

now say i have $100 million. how much goes to tax and how much can go to family?

first, you try and slime warren as being inconsistent when he is not.

second, you throw up the red herring that the death tax precludes one from giving a sizable inheritance to their family.

*** apparently, there can be issues with a family owned businesses. losing half of a business can put it out of business. having said that, this kind of thing can be fixed without throwing out the entirety of the death tax and forcing the poor and middle class to pay even more int axes to support the uber rich.
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