Sunday, March 14, 2010

 
 
 

 
 
 
 
 
Must read article from the WSJ on the death tax
Advertisement
Thursday, April 09, 2009
Text Size: increase text size decrease text size

By Daily Crux Editor Brian Hunt:

Score a tiny victory for good sense.

Last week, the U.S. Senate voted 51 to 48 to permanently cut the death tax to 35% and exempt all estates of less than $10 million per couple.

Majority leader Harry Reid - who believes an angel delivered golden plates with the word of God written on them to a failed treasure hunter in the 19th century - is furious with "just" a 35% tax. He'd like to punish anyone smart and hard working enough to become rich with a 45% tax rate.

Of course, the only sensible tax rate on someone's estate is zero. And this battle for lower death taxes isn't over. It goes to House-Senate conference next. Just realize your leaders believe you should give up half your life's work just for dying.

Read full article...

Shocking video shows Congresswoman can barely read

Dangerous academic advises Obama to tax the hell out of people smart enough to succeed

Topics: Taxes | Boondoggle
RSS Feed

 
©2010 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.