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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: rvgent who wrote (124108)	1/29/2001 9:22:11 AM
From: Little Joe	Respond to of 769670

rv: "Some Experts Questioning Bush Plan on Estate Taxes By DAVID CAY JOHNSTON" Won't work under the Republican proposal that Clinton vetoed, while the estate tax was eliminated there would be a tax on capital gains after a threshold. When she give the stock to her uncle the basis is what she paid for it and when she dies and gets it back she simply aquires his basis which is what she paid for it. Capital gains taxes on all over the treshold amount would be subject to tax. Little joe