A couple can already leave 11 million tax free to their heirs. Abolishing the estate tax will only benefit the very wealthy.pic.twitter.com/HZaBrDT6Sz
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A couple can already leave 11 million tax free to their heirs. Abolishing the estate tax will only benefit the very wealthy.pic.twitter.com/HZaBrDT6Sz
Assuming you are married - you don't incur the estate tax unless you make over $11 MILLION annually. This "break" benefits the wealthy only
Family farms are typically worth more than $1millionhttps://youtu.be/joNzRzZhR2Y?t=41s …
Just to clarify for folks, farms would have to be worth more than 11 Million, not 1 Million for the estate tax to have a bearing on them
This would not effect my 500acre farm! What is the average farm size in the nation? How many would this help?
Ha By the looks of the comments Americans have caught on to your scheme. Can we rename Ways and means? The Dep of the Sheriff of Nottinghampic.twitter.com/rzslpstZkg
You can. If you are a millionaire, it will cost you, but then again, it should if you are that well off, so back off with the propaganda.
@SpeakerRyan @NancyPelosi Why continue to broadcast your lie about the estate tax?Try a moral & ethical route & tell the truth - no issue!
Weird, because The Federalist says only 50 (FIFTY) family farms would even be required to pay that tax each year:http://thefederalist.com/2017/09/28/heres-need-know-estate-tax-family-farmers/ …
This only applies if your estate is worth $11.1MILLION
. If not, you are paying for GOP Wealthcare for top 1%. Means billions to Donald & his cabinet. Rest of us, not so much.
you need estate worth over 5.6 million. Proper tax planning, owe nothing. How many businesses and farms worth over 5.6 million? #democrats
According to IRS estimates it would effect 5400 families in USA avg family of 4 so 21600 out of over 300 millionhttps://www.cbpp.org/blog/a-state-by-state-look-at-the-estate-tax …
“Success should not be penalized! That money has already been taxed.” The Conservative Patriot Party
Fine IF you are one of YOUR Richie Rich Friends, Donors & Business owners! Does virtually NOTHING for the REAL Normal American businessman.
Symbolism without substance Estate Tax should remain No aristocracy
Repeal the estate tax but not at the expense of repealing Sec. 1014 that helps many. Keep tax free step up in basis for inherited assets.
I agree & we should be able to use our 401(k) early if need be without the extra tax
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