Create new account | My Profile | My Account | My Bookmarks | My Inbox | Help | Log in
Response to KharmaTrain (Reply #8)
Fri Dec 7, 2012, 01:50 PM
ProSense (116,456 posts)
1) Accept the President's proposal with "dividends to be taxed as ordinary income" and the "estate tax to be levied at 45 percent on inheritances over $3.5 million."
2) Pass the Senate bill, "which currently taxes inheritances over $5 million at 35 percent," but excludes Obama's dividend proposal.
3) Go over the cliff when "the estate tax is scheduled to rise to 55 percent beginning with inheritances exceeding $1 million."
Reply to this post
Back to OP Alert abuse Link to post in-thread
About | Copyright | Privacy | Terms of service | Contact
Advertise on DU
© 2001 - 2015 Democratic Underground, LLC. Thank you for visiting.