General Discussion

exboyfil

(18,359 posts)

2. $5.45M per individual/$10.9M per couple

Wed Apr 26, 2017, 02:55 PM

Apr 2017

That should be the number on any graphic regarding the estate tax. Only estates larger than this are taxed under this tax.

That being said 40% is a pretty steep price for an inheritance tax. A lot of the gain on inheritance represents inflation on capital. I wonder if a fairer system could be structured.

One proposal would be to tax the inflation adjusted basis at the capital gains rate (this rate being comparable to the current income rate).

I don't think a spike at $5.45M is necessarily a good idea. Some graduation seems to be in order.

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Eliminates the Estate Tax. [View all] nikibatts Apr 2017 OP

Most people have no idea how the inheritance tax works. MineralMan Apr 2017 #1

$5.45M per individual/$10.9M per couple exboyfil Apr 2017 #2

just for perspective, even *gifts* to family members are taxed unblock Apr 2017 #5

Because DJT doesn't have that many years left Trekologer Apr 2017 #6

Eliminating 'estate tax' has highest priority for any wealthy family! Fuck...... dmosh42 Apr 2017 #3

These doofuses really believe that when they cash out their COLGATE4 Apr 2017 #4

no, these doofuses really believe that they'll somehow actually *have* well over $5.5mm unblock Apr 2017 #7

When my FIL passed, my husband and his sister each got a large six-figure check and 20 acres. haele Apr 2017 #8

Linguistics win again superpatriotman Apr 2017 #9

when has the gop done ANYTHING that doesn't further concentrate wealth and power into wiggs Apr 2017 #10

grover norquist's wet dream. republicans in name only. pansypoo53219 Apr 2017 #11