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Reply #10: Well said! [View All]

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mbperrin Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-19-10 12:50 PM
Response to Reply #4
10. Well said!
Years ago when I was selling life insurance, our training program said that two main classes of people needed it:
the rich to pay their estate tax, since life insurance proceeds are non-taxable, and modest people who could not leave any sort of estate any other way.

It IS a genetic lottery, and I agree with you that it should be taxed just that way.
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  -Estate Tax Will Return Next Year, but Few Will Pay It onehandle  Dec-18-10 09:11 AM   #0 
  - The nasty little details of this corrupt compromise. Nt  xchrom   Dec-18-10 09:21 AM   #1 
  - There have always been ways to avoid the estate tax  SouthernLiberal   Dec-18-10 09:29 AM   #2 
  - If what you're saying is true, then the Estate Tax law should have been toughened  bertman   Dec-18-10 01:55 PM   #3 
  - No one has ever paid a huge tax bill when receiving an inheritance...  rasputin1952   Dec-18-10 02:19 PM   #4 
     - I agree with you, rasputin1952.  bertman   Dec-18-10 08:24 PM   #6 
     - Well said!  mbperrin   Dec-19-10 12:50 PM   #10 
  - You're absolutely right  customerserviceguy   Dec-18-10 02:20 PM   #5 
     - I'm in my third year of law school now...  primavera   Dec-19-10 10:18 AM   #8 
        - Tax avoidance  indypaul   Dec-19-10 12:45 PM   #9 
           - And so should be the things we study in law school  primavera   Dec-19-10 03:31 PM   #11 
              - The best thing to do is expose what's there  customerserviceguy   Dec-19-10 07:48 PM   #12 
  - Would we better off having estates taxed as ordinary income? Equalizing capital gains & income?  lostnfound   Dec-19-10 06:22 AM   #7 

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