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

To: gerard mangiardi who wrote (343482)	1/15/2003 3:58:49 PM
From: Raymond Duray	Respond to of 769670

gerard, You don't seem well informed about the estate tax. Currently only 2% of Americans dying have any consequences from the estate tax. 98% of all Americans pay no estate tax. There is currently a $1,000,000 exemption per individual from any estate tax. That is doubled to $2,000,000 per couple passing on their estate to their heirs. This exemption is scheduled to rise to $3,500,000 per individual or $7,000,000 per couple by the year 2009, at which time only 0.3% of all estates will be taxed. The Republicans have lied incessantly about the nature of the estate tax. They have utterly confused the general public about this tax. For real facts about the estate tax please read the information available at this website: responsiblewealth.org Here's a link to Bill Gates, Sr. presentation on C-SPAN. He does a terrific job of puncturing some of the GHP myths about the estate tax: video.c-span.org:8080/ramgen/jdrive/wj011303_gates.rm