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: Brumar89 who wrote (379610)4/21/2008 9:20:19 PM
From: combjelly  Read Replies (2) | Respond to of 1575301
 
"You neglected to mention the exclusion amount was $675K in 2001?"

It is $4 million now.

"And in 2011 its to go back to $1M."

If they don't change it. What are the odds they won't?

"Is resentment of "multi-gazilionaires" an informed opinion? (Ignoring the fact that "multi-gazilionaires" aren't gonna pay much if any estate tax anyway."

Who said there is resentment? I just don't see why the tax code should be changed to accommodate them. They are just another group trying to get special treatment.

"Sure, given their homes and 401K's it will hit a bunch of babyboomers someday. But don't worry - its only gonna affect "multi-gazilionaires.""

Exactly. If their estate is worth much more than $4 million, then none of their heirs are going to be hurting.

And I'd be dubious that there would be that many who would qualify.