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

To: ecommerceman who wrote (127872)2/18/2001 7:42:16 PM
From: RON BL  Read Replies (1) | Respond to of 769670
 
The estate tax should kick in at a very high level and that rate should be adjusted according to the general economics of the area. Here in California a million dollar home is not that big a deal. A million dollar home in Louisiana is. Perhaps the solution to this is to actually use some statistical measuring to prevent as you say a guaranteed aristocracy without the ending of the dreams of a family that are in reason. However inherited wealth is usually squandered in a generation ot two if the people who inherit it are not productive and deserving of it.



To: ecommerceman who wrote (127872)2/18/2001 8:10:32 PM
From: Little Joe  Respond to of 769670
 
eman:

"It doesn't look as though the estate tax will be completely repealed; instead, it looks as though what is most likely to happen is that the exemption will rise to $3-4 million (with farm and small business estates being somewhere in the area of $6-8 million).... "

I see what you meant now.

Little joe


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