Topic of Debate
We just published an article on the logic of the estate tax, which we suggest for your reading. It is our theory that a great majority of Americans would view (and vote) estate taxes unfair if they applied to all. However, they only apply to estates of $1 million or more, and so relative bias comes to play. The deal reached by President Obama with Congressional Republicans proposes the estate tax exemption threshold be raised to wealth of $5 million. What is your opinion on the taxable threshold?
At a 55% rate, how do you feel about the prospect of paying estate taxes on your wealth, which you likely worked hard to establish and to maintain through your life? We expect most of us intend to leave a legacy to our heirs, for their better lives. Is the new 35% proposed estate tax rate fair, or do you think there should be no estate tax whatsoever, as in 2010? Perhaps you feel like I do that these taxes should not apply to immediate family, or at a lower rate than 55% if so (perhaps a tiered rate based on family relationship). Please let your voice be heard, as we are curious about the general view on this topic:
Is the Estate Tax Fair?
DEBATE TOPIC ARCHIVE
Article should interest investors in: H&R Block (NYSE: HRB), Intuit (Nasdaq: INTU), Jackson Hewitt Tax Services (NYSE: JTX), NYSE: BAC, NYSE: GS, NYSE: AIG, NYSE: WFC, NYSE: MS, NYSE: C, NYSE: BID, NYSE: JWN, NYSE: TIF, NYSE: ZLC, Nasdaq: NILE, NYSE: BMJ, NYSE: MOV, NYSE: BC, NYSE: LVS, NYSE: MGM, Nasdaq: WYNN, NYSE: MTN, Nasdaq: MATW, NYSE: HI, NYSE: PPD, NYSE: MCG, NYSE: MCO, NYSE: TD, NYSE: PNC, AMEX: GLE, NYSE: BCS, NYSE: GLD, NYSE: XLE, NYSE: XLF, NYSE: BJV, NYSE: SZI, NYSE: BPD, NYSE: IEL, NYSE: PBN, NYSE: CGW, NYSE: LVL, NYSE: FRI, NYSE: PBP, NYSE: RSU, NYSE: RMM, NYSE: REA, NYSE: RFL, NYSE: RHM, NYSE: RTG, NYSE: RSW, NYSE: RMS, NYSE: REC, Nasdaq: PDOWX, Nasdaq: XDPOX, Nasdaq: XDPDX, Nasdaq: NDUAX, Nasdaq: NDUBX, Nasdaq: IDJAX, Nasdaq: NJCRX, Nasdaq: UDPIX, Nasdaq: UDPSX, Nasdaq: UWPIX, Nasdaq: RYLDX, Nasdaq: RYIDX, Nasdaq: RYCWX, Nasdaq: ONEQ, Nasdaq: QCLN, Nasdaq: QQEW, Nasdaq: QQXT, Nasdaq: QTEC, Nasdaq: NASDX, Nasdaq: NDXKX, Nasdaq: POTCX, Nasdaq: DXQSX, Nasdaq: DXQLX, Nasdaq: FNCMX, Nasdaq: INQAX, Nasdaq: MOTAX, Nasdaq: XQQQX, NYSE: DIA, NYSE: SPY, Nasdaq: QQQQ, NYSE: DOG, NYSE: SDS, NYSE: QLD, NYSE: NYX, Nasdaq: NDAQ, NYSE: ICE, Nasdaq: SERAX, Nasdaq: SERBX, Nasdaq: SERCX, Nasdaq: SERNX, Nasdaq: FEUFX, Nasdaq: FEEEX, Nasdaq: FAEAX, Nasdaq: FBEAX, Nasdaq: FIEUX, Nasdaq: FECAX, Nasdaq: IERAX, Nasdaq: XRNEX, Nasdaq: PBEUX, Nasdaq: UEPIX, Nasdaq: UEPSX, Nasdaq: PEUGX, Nasdaq: RYAEX, NYSE: CEE, NYSE: RNE, NYSE: PEF, NYSE: GUR, NYSE: EPV, NYSE: VEA, NYSE: DFE, NYSE: DEB, NYSE: IEV, Nasdaq: ANEFX, Nasdaq: CNGAX, Nasdaq: HNEAX.
Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
