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P Fritz
 
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"OlBlueEyes" wrote in message
...
" wrote in
oups.com:

Death Tax?? Nice talking point. Where did you learn that? From Rush
Scumbag? Hannity? Who?

The "death tax" that the Republicans whine about is actually a capital
gains tax on property that is being distributed to a person's heirs.


Incorrect. No "capital gains" are realized because no sale takes place
(well, unless the heirs are FORCED to sell JUST TO PAY THE TAX).

The objective is to ensure that capital gains taxes are collected when
assets are transferred to new owners.


There is no realized capital gain in such a transfer.

Why shouldn't the government collect capital gains taxes on estates
that are in excess of a few million dollars?


Oh, I don't know, maybe because IT'S NOT THEIR ****ING MONEY.

It isn't any different
that the deceased selling the asset and paying capital gains taxes
while they are still alive.


Yes it is different, because THERE IS NO SALE.

Estate taxes kick in when the estate value is in excess of several
million dollars. I don't remember the cut off point, but it is so high
that the percentage of estates that are actually affected is very
small.


So what? I'm not affect by it, but I'm against it.


I don't know about you......but I sure hope that my daughter could one day
be affected by it.....if you know what I mean ;-)

That's because I have
something called a VALUE SYSTEM. Apparently the only "value" you believe
in is to **** over everybody else who you can - certain fringe groups of
freaks excepted, I'm sure.