A transfer of ownership does indeed take place. After a certain dollar
amount is excluded from taxes, the rest of the value is taxed. It is
called progressive taxation. Is that hard to understand?

There is a realized gain when the asset ownership transfers. The dead
person used to own it. Now it is being transferred to a person who may
or may not be related to the decedent. That person has realized a
substantial gain. The concept isn't that hard to understand, is it?

What's up with the taxes the government takes out of my paycheck? IT'S
MY ****ING MONEY!!! Why do they take it from me? Please explain.

If you give a $100,00.00 boat to a friend or family member they have to
pay a sales tax on it, even if it was a gift. How is this is different
from an estate tax? There was no sale, technically. Why is sales tax
charged? Please explain.

Your values are such that you think that it is OK for extremely wealthy
people to hand down assets from generation to generation without ever
having to pay taxes on the capital gains the assets have accrued? That
is quite interesting... and sad, too.

My values don't include ****ing over anybody. If anything, I am a
****ee, not a ****er. It is amazing that more than 1/2 my income (and
probably yours, too) goes to pay taxes of all kinds (income, sales,
fuel, telecomm, real estate, personal property, etc, etc). Sheeple like
you buy into the idea that an estate tax is a bad idea. Learn some
critical thinking skills. They appear to be lacking, at the moment.

I would be delighted if income tax, estate taxes and all the other
targeted taxes went away and a national sales tax WITH NO EXCLUSIONS
was implemented. Those that consume a lot would pay a lot. Those that
don't, don't pay as much. It will never happen as the wealthy would end
up paying way more in taxes than they do now. Those that have the gold,
make the rules, and they have been making the rules to their advantage
for quite a while, now. As long as we let it happen, it will continue.

The USA is supposed to be of the people, by the people, and for the
people. Not just wealthy white male property owners. We started that
way, but we got better. ;-)

What kind of boat do you own. Do you have a pic?

I have an 18' runabout. Got her this year. She is a one of a kind.

If you can derive my email address and send a private message, I'll
email you a picture.

What kind of boat do you have?

" wrote in message
oups.com...
I have an 18' runabout. Got her this year. She is a one of a kind.

If you can derive my email address and send a private message, I'll
email you a picture.

What kind of boat do you have?


Already been posted with pictures.