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Reply #55: I dunno. The rich usually put most of their money in living trusts for their heirs before they [View All]

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Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-07-09 01:25 PM
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55. I dunno. The rich usually put most of their money in living trusts for their heirs before they
Edited on Wed Jan-07-09 01:26 PM by Cleita
die to avoid inheritance taxes anyway, so I never understood why they didn't want to pay the little that was left to pay. I would like to find a better way of taxing wealth before they die and hand it off to heirs. I think taxing stock market and banking transactions was an excellent idea Bernie Sanders came up. This is where the real wealth is in good times so I would like to tax the rich in this way. I would also make anyone who has more than a single family home pay extra property taxes on their mansions, second, third and etc. homes and all improvements like tennis courts and such. Also, luxury cars, yachts and private jets it seems would warrant extra taxes.
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