Obama’s deal with GOP would tax only 3,500 inheritances up to $10M
December 8, 2010 at 6:00 pm in West Central Tribune
WASHINGTON More than 40,000 estates of between $1 million and $10 million wouldn’t have to pay inheritance taxes next year under the deal struck by Republicans and President Obama.
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Not sure why they’re fighting over something that will only touch 3500 estates next year. Seems stupid. However, I agree that it’s a death tax. Why in the world do we need to tax money that has already been taxed several times over? The money, property, etc that I leave my family should go to them, not to the Govt.
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I’m with generalissimo pres b o on this one. His GAL in the U.S. House Nancy P tried her best to insist on any amount of a estate over $500,000 be taxed at the rate of 100%. What is she thinking? She may still get it passed, after all b o is scared p——s of offending a Women. Just look at mrs bill clinton , even you can see what grief she, the Democrats, Her husband, the DNC., etc . caused . No way, I bet HE will give in to her. After all, it is just a DEATH TAX, no matter how the democrats paint it.
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