(12-15-2017 11:35 AM)Redwingtom Wrote:  

(12-14-2017 02:22 PM)UofMstateU Wrote:  

(12-14-2017 02:09 PM)b0ndsj0ns Wrote:  

(12-14-2017 12:35 PM)solohawks Wrote:  

(12-14-2017 12:28 PM)bullet Wrote:  A million ain't what it used to be, especially if you live in a large city with the high housing prices.

and have children.

The statics do not bear it out that this affects anything near the middle class. For example in 2013 out of the 2.6 million people that died there were 4700 who had to pay anything in estate taxes, a grand total of .2% of those that died.

Thats going to be almost exclusively small business owners or someone in Kaplony's situation. It is almost certainly not the uber rich paying it, because they divest much of their wealth prior to dying.

In the case of small businesses where the owner ( or one of the owners) dies, the government comes in, values the company at multiples of what it earns in a year, and demands the taxes to be paid on that amount with a set number of months. The company typically doesnt have anything remotely close to this amount, and so most companies are forced to sell, where the employees end up losing their jobs or being forced to relocate. Its basically an atom bomb for a successful small business who employees dozens of well paid people.

Ummm...dude, YOU said most companies!

There is simply no evidence of this. None.