Quote:
Originally Posted by MPowerFarmer
How about a greater tax on inherited money. Do the Walton children really deserve a cut in their capital gains taxes?
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You're kidding, right?
Don't care about the Walton Clan...but for most middle to slightly upper middle familes, the chance to pass on some dough to our kids does not
need to have a "greater tax".
Remember any dough you or I have socked away has already been taxed
in one manner or another...and, IRAs et al, don't escape estate taxes, as
they are "outside" of most estates, tax specifically.
The freakin gov't gets their share while we work, when we retire and,
when we croak.