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Response to SWBTATTReg (Reply #34)

Mon Jun 10, 2019, 08:29 PM

39. Well, since the excess life insurance through your place of employment

isn't taxable to the employee, it's kind of misleading to say that life insurance is taxable. Even a cashed in policy probably isn't taxable, although I've only had experience with one such.

I think taxing life insurance proceeds would cause rioting in the streets. Unless it were only for payouts in excess of a million dollars. Even then, the wealthy would raise enough of a stink that it wouldn't happen.

And what's an SME?

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highplainsdem Jun 9 OP
empedocles Jun 9 #1
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PoindexterOglethorpe Jun 9 #21
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SWBTATTReg Jun 10 #34
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