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badtoworse

(5,957 posts)

9. I'm not a big fan of estate taxes

Reply to xchrom (Original post)

Fri Dec 27, 2013, 02:23 PM

Dec 2013

If I've already paid taxes on my assets, I don't believe it's fair for the government to take another big bite when I die. In the case of a truly large estate, the government could wind up taxing away large amounts of the estate every time it passes from one generation to the next. That is just not reasonable.

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Highlight:

Moguls Rent South Dakota Addresses to Dodge Taxes Forever [View all] xchrom Dec 2013 OP

RV retirees sometimes use SD addresses Sienna86 Dec 2013 #1

If there is a way for the ultra rich to avoid paying their fair share...they will find it. nt kelliekat44 Dec 2013 #2

An intriguing story. dixiegrrrrl Dec 2013 #3

Penny Pritzker sulphurdunn Dec 2013 #4

I owned a house in SD. Guess I should have hung on to it for when I make my first billion. TwilightGardener Dec 2013 #5

Wow! We have our own Cayman Island tax haven within our own borders. avaistheone1 Dec 2013 #6

Obama appointee Penny Pritzker is part of Chicago’s Pritzker family, no? frylock Dec 2013 #7

yes. nt xchrom Dec 2013 #8

I'm not a big fan of estate taxes badtoworse Dec 2013 #9

Kick! n/t Tx4obama Dec 2013 #10