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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (379561)	4/21/2008 5:25:53 PM
From: combjelly	Read Replies (1) \| Respond to of 1575887

"OKay, in my last post, I mentioned the income tax and the AMT (alternative minimum tax) as examples. I didn't mention estate taxes, but okay:" No, you didn't mention estate taxes. But that is what the discussion was about. If you want to discuss incomes taxes and especially the AMT, that is, at best, a tangential issue. "What good is served by forcing the Walton family to establish a family foundation or something in order to avoid the estate tax." What is wrong with it? It amounts to about $44 billion a year. Which helps. The foundations help break up concentrations of wealth. And the foundations are a major source of charity. So what is the downside?