SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: steve harris who wrote (379241)4/19/2008 2:38:55 PM
From: combjelly  Read Replies (1) | Respond to of 1578244
 
"only to have my family write a check to the govt for 55% of what I have worked for."

I know you don't like to be encumbered with reality, but you do actually know this is BS, don't you?

For one, the rate isn't 55%. For another, I am extremely dubious that your net worth puts you in the top 0.27% that are affected by estate taxes at all. Much less pay anywhere close to the 45%. With the $2 million exemption per individual, you'd have to be worth billions for that to happen.



To: steve harris who wrote (379241)4/20/2008 11:54:48 AM
From: michael97123  Read Replies (2) | Respond to of 1578244
 
I think its all about the exclusions from what is actually taxed. 55% sounds high to me too. Good thing about the death tax is that one is dead when it occurs. Pain you will never feel..