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Vincardog

(20,234 posts)
5. How about this mittens? You cut the tax rate and we charge FICA on EVERYTHING
Wed Feb 22, 2012, 02:28 PM
Feb 2012

The inheritance tax is 0 for the first million then increases 10% for each next million until it gets to 90% where it only increases 9% on the next million, after that it says at 99.999%.
Plus we charge a Financial transaction tax of .01% on every stock bond and future trade.
Any Derivative trade pays a .1% tax.

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