What the frank? I thought Bush was evil for lifting the deathtax.

burniegoeasily · 12-03-2009, 05:48 AM

http://www.foxnews.com/politics/2009...ce-estate-tax/

kevin1 · 12-03-2009, 06:40 AM

Frankly, anyone stupid enough to not place their real property into an irrevocable trust to avoid the estate tax probably deserves to pay it, but here's a thought: Since Congress and Barry have repeatedly demonstrated that such a paltry sum as $20B is meaningless to them, then why not just abolish the estate tax entirely?

vc1111 · 12-03-2009, 01:32 PM

Quote:

The tax is set to disappear next year, the last year of the 2001 Bush-era tax cuts, but then return in a big way in 2011.

This is not new. This was set in place at the time the Bush-era tax cut was born...it was the only way they could get it passed as I recall.