Don't be fooled

[The Irish Ram]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

 

[SassyIrishLass]

Trusts work very well keeping the government's grimy filthy paws off of property

 

[Penelope]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

 

[Fenton Lum]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

Oh if only what your hand wringing is about could be attributed to "one" party or the "other".

 

[Picaro]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

One option is to start distributing it out over several years before you die, assuming normal lifespans and such. This is the best strategy for those who own lots of acreage, rather than cash assets, for instance.

 

[Picaro]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

Where it kicks in is higher than most Americans will be worth when they die, but low enough to hit middle class types.

 

[Penelope]

If an asset is left to a spouse or a federally recognized charity, the tax usually does not apply. In addition, up to a certain amount varying year by year can be given by an individual, before and/or upon their death, without incurring federal gift or estate taxes:[2] $5,340,000 for estates of persons dying in 2014,[3] $5,430,000 for estates of persons dying in 2015,[4] and $5,450,000 (effectively $10.90 million per married couple) for estates of persons dying in 2016.[5] Because of these exemptions, only the largest 0.2% of estates in the US will have to pay any estate tax

Ten Facts You Should Know About the Federal Estate Tax | Center on Budget and Policy Priorities

Oh yes I'm sure Trump wants rid of it, along with his buddies.

 

[Penelope]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

Where it kicks in is higher than most Americans will be worth when they die, but low enough to hit middle class types.

How does what I posted affect middle class citizens.

 

[Iceweasel]

If an asset is left to a spouse or a federally recognized charity, the tax usually does not apply. In addition, up to a certain amount varying year by year can be given by an individual, before and/or upon their death, without incurring federal gift or estate taxes:[2] $5,340,000 for estates of persons dying in 2014,[3] $5,430,000 for estates of persons dying in 2015,[4] and $5,450,000 (effectively $10.90 million per married couple) for estates of persons dying in 2016.[5] Because of these exemptions, only the largest 0.2% of estates in the US will have to pay any estate tax

Ten Facts You Should Know About the Federal Estate Tax | Center on Budget and Policy Priorities

Oh yes I'm sure Trump wants rid of it, along with his buddies.

I'm not buying that only .2% pay estate tax. Doesn't add up. And assets aren't left to spouses unless they had a prenup that kept their assets separate.

 

[Hutch Starskey]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

The estate tax is only applicable on estates worth 5.45 million or more per person or 10.9 million per couple. I doubt farmers are affected.

estate tax starts at five million - Google Search

 

[Hutch Starskey]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

Where it kicks in is higher than most Americans will be worth when they die, but low enough to hit middle class types.

No it's not.

 

[Picaro]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

Where it kicks in is higher than most Americans will be worth when they die, but low enough to hit middle class types.

How does what I posted affect middle class citizens.

$5 mil + isn't considered rich; hasn't been for a few decades now. Well, unless you live down the holler from where the Clampetts used to live before they hit oil.

 

[Picaro]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

Where it kicks in is higher than most Americans will be worth when they die, but low enough to hit middle class types.

No it's not.

Yes, it is.

 

[HappyJoy]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

Where it kicks in is higher than most Americans will be worth when they die, but low enough to hit middle class types.

How does what I posted affect middle class citizens.

$5 mil + isn't considered rich; hasn't been for a few decades now. Well, unless you live down the holler from where the Clampetts used to live before they hit oil.

It's wealthy, it's considered rich. The top 1% starts at around 8 million.

 

[Picaro]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

Where it kicks in is higher than most Americans will be worth when they die, but low enough to hit middle class types.

How does what I posted affect middle class citizens.

$5 mil + isn't considered rich; hasn't been for a few decades now. Well, unless you live down the holler from where the Clampetts used to live before they hit oil.

It's wealthy, it's considered rich. The top 1% starts at around 8 million.

No, it isn't considered 'rich'. We've had massive inflation since 1972; $8 million isn't much; it just looks like a lot because people have bought the idea that $50K a year is 'middle class'.

 

[Hutch Starskey]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

Where it kicks in is higher than most Americans will be worth when they die, but low enough to hit middle class types.

No it's not.

Yes, it is.

$5.45 million is middle class?

Who knew?

 

[Picaro]

Hitlery wants to raise the death tax to a whopping 65%. As always we are told that the taxes would only effect the rich. That is a lie. Just like the search/seizure laws were suppose to only effect the Mexican drug cartels.
It will force the heirs of our farmland to sell their farms to pay for Hitlery's Asian project. And will cause huge food shortages and skyrocketing food prices.

Germany/Bayer will own our midwest along with what Obamb/Clinton have already sold to Russia, Saudi Arabia and Nestles. If you plan on leaving anything to your children, rethink your plan. Out of control government spending is where your life's work will be going. Not to your children. They will get the bill for all of your hard work.

Trump wants to end the death tax. Let him. You'll be rewarded by being able to afford to feed your family something other than cereal.

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

Where it kicks in is higher than most Americans will be worth when they die, but low enough to hit middle class types.

No it's not.

Yes, it is.

$5.45 million is middle class?

Who knew?

Obviously not you. A couple of crappy junk houses in LA makes you a 'millionaire'. You really think that makes you rich?

 

[Hutch Starskey]

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

Where it kicks in is higher than most Americans will be worth when they die, but low enough to hit middle class types.

How does what I posted affect middle class citizens.

$5 mil + isn't considered rich; hasn't been for a few decades now. Well, unless you live down the holler from where the Clampetts used to live before they hit oil.

It's wealthy, it's considered rich. The top 1% starts at around 8 million.

No, it isn't considered 'rich'. We've had massive inflation since 1972; $8 million isn't much; it just looks like a lot because people have bought the idea that $50K a year is 'middle class'.

Well $56K/yr is the median.
$500K a year is above the 99th percentile.
500K a year might get you $5 mil by retirement.

What do you consider rich and where is the line between middle class and rich?

 

[Hutch Starskey]

Can you explain that further, death tax or inheritance tax, and how much would one have to get to have to pay that tax? Is it progressive?

Where it kicks in is higher than most Americans will be worth when they die, but low enough to hit middle class types.

No it's not.

Yes, it is.

$5.45 million is middle class?

Who knew?

Obviously not you. A couple of crappy junk houses in LA makes you a 'millionaire'. You really think that makes you rich?

Huh?

 

[Picaro]

Well $56K/yr is the median.

Minimum wage adjusted for inflation would be around $36K for one worker, working full time year round; most working class households have both spouses working.

$500K a year is above the 99th percentile.

So? A reproted income of $500K actually represents a much higher income; people in that bracket have all kinds of deductions and deferments working class people have no hope of ever taking advantage of.

500K a year might get you $5 mil by retirement.

So? That isn't rich. Adjusted for real inflation it's less than $400K in 1972 dollars.

What do you consider rich and where is the line between middle class and rich?

Well over $20 million, probably around $50 million to qualify as 'barely rich'.