The 3.5 million dollar exemption is a thing of the past. This year there is no federal estate tax and no step up in basis, which could be really...
It really depends who you listen to. I have seen estimates range from the high 90s to as little as 30%. The problem is that it is a politically...
Here is my take on it. Since most wealth is in the form of unrealized and therefore untaxed capital gains AND because heirs receive a step up in...
So why not earmark money to paydown the national debt or to replenish the SS trustfund. If you are going to be the guy screaming about waste in...
Is your point that the money allocated through earmarks is already part of the budget? I know this. I think it is a major copout from a guy who...
I know exactly what an earmark is. If you have a point make it.
It isn't even hard. Paul brings home tons of pork to his district. Worse than that is that he puts it into bills he knows will pass and votes...
Not much of a shocker. Did you know the top rate in 1960 was 90%? I think any sensible person would agreee that rate is way too high. Kennedy...
How do we make room for John Isaac. We are currently at 14, and the guy who could be leaving to drop us to 13 is going to be the lone Sr....
Too bad Ron Paul doesn't practice what he preaches.
I'm sorry. Did you not say that low capital gaines rates hurt the middle class?
You can't demonstrate this. I would say the inverse is true. The sharpe ratio indicates that lower cap gains rate leads to a greater spread, and...
Someone with a $21,000 income probably won't be paying income taxes, and if they do they will be in the 10% bracket.
I don't know a thing about him, but I remember when Delino, Marquis Grissom, and Larry Walker were rookies with the expos.
I'm glad Obama isn't doing anything to criple the American economy and destroy our way of life.
I agree with all of this. The issues of wealth and taxation too often take on a very personal us vs. them name calling match. The truth is the...
Awesome. Now the deficit is only not quite triple the highest deficit of all time.
I guess this means either that Bo is gone for good. As to my above Jordy comment... even a blind horse finds water.
It isn't directly, but it would impact the debt to equity ratio and some other ratios which could impact the ability to raise capital, and it...
A fair point in most cases. But red55 is arguing that all inheritance should be taxed just like income. I don't think that is reasonable.