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mcsluggo · 11-16-2007, 11:52 AM

THAT is what I don't get. Do the dead care? no.

you are taxing the RECEIPT of income (or the transfer, if you prefer)
If I give you $100,000 --- you are going to be taxed on it (in this case, as straight income) why not inheritance transfer?

as far as the scale... the number is DOWN to 12,000 exchanges after tax cuts aimed at inheritance (my father died in 2000, before the changes, and we were taxed heavily on his relatively modest estate). but the 12,000 that are left NOW are the whopperoo estates. You honestly don't think that 12,000 Walton, Kenedy, Cuban, Buffet etc... type estates amounts to a noticable total?

11-16-2007, 11:52 AM	#12
mcsluggo Golden Member Join Date: May 2002 Location: McLean, VA Posts: 1,970	THAT is what I don't get. Do the dead care? no. you are taxing the RECEIPT of income (or the transfer, if you prefer) If I give you $100,000 --- you are going to be taxed on it (in this case, as straight income) why not inheritance transfer? as far as the scale... the number is DOWN to 12,000 exchanges after tax cuts aimed at inheritance (my father died in 2000, before the changes, and we were taxed heavily on his relatively modest estate). but the 12,000 that are left NOW are the whopperoo estates. You honestly don't think that 12,000 Walton, Kenedy, Cuban, Buffet etc... type estates amounts to a noticable total? Last edited by mcsluggo; 11-16-2007 at 11:53 AM.