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


To: haqihana who wrote (742880)6/16/2006 8:04:27 PM
From: DuckTapeSunroof  Read Replies (2) | Respond to of 769667
 
Re: "If and when the heirs spend the money from a trust, they also pay...."

Yes, I know. That of course would be true for all monies.

But, as I pointed out, the *money has changed owners*, now hasn't it?

The change of ownership is what triggers the taxation... as it does in so many OTHER areas of the economy.