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Politics : View from the Center and Left

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To: DewDiligence_on_SI who wrote (90106)10/15/2008 2:09:59 PM
From: Cogito  Read Replies (2) of 541933
 
>>The 45% tax rate the Obama campaign is talking about is barely an improvement over the pre-Bush rate of 55%, and it could even be worse if state levies end up being incremental to the federal take in some states. This alone is a reason to not vote for Obama as far as I’m concerned.<<

Dew -

I congratulate you if your estate will be large enough to be affected by changes in the Estate Tax rate. I also applaud your dedication to your offspring.

Don't forget that Obama is also talking about a 7 million dollar per couple cutoff point. Approximately 0.3% of estates amount to that much, so 99.7% of estates would not be taxed at all.

Is that really a reason not to vote for him?

- Allen
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