Archive for May, 2010
What Are Trust Fund Taxes
May 1st, 2010
Question: What's taking Al Franken, Pelosi, Kerry, Dodd, etc to raise their own taxes & have an 80% inheritance tax?
... for rich Dems like themselves and the Kennedy's?
Those people use trust funds are rarely pay inheritance taxes.
Why don't these Dems voluntarily pay a 70% income tax to Uncle Sam so "needy" people can get more help and so 0bama can redistribute their wealth?
(sorry... what's taking them so long)
Answer: The Democrats have proposed many times making changes to the inheritance tax and the Republicans always refuse no matter how high the limit is.
http://crooksandliars.com/jon-perr/10-republican-lies-tax-day
It is amazing that you want them to pay taxes but your own party refuses to even tell the truth or vote in the best interest of the country. The reason we need an estate tax is because otherwise you get dynasties (Bush for example).
Even Warren Buffet agrees that we need a high inheritance tax.
"Without the estate tax, you in effect will have an aristocracy of wealth, which means you pass down the ability to command the resources of the nation based on heredity rather than merit,' Warren Buffett told the New York Times in 2001. '[Repeal would be like] choosing the 2020 Olympic team by picking the eldest sons of the gold-medal winners in the 2000 Olympics."
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TurboTax Home & Business Federal + State + Federal efile 2009 $42.89 TURBOTAX HOME & BUSINESS WITH... |
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Jackass Investing: Don't do it. Profit from it. $9.99 Jackass Investing is as provocative as its title. Mike Dever systematically rips apart the conventional investment wisdom - myth by myth - then replaces it with a "return driver" based methodology that results in a "Free Lunch" portfolio - one that produces both greater returns and lower risk. More than ten years in the making, and supported by the twin pillars of extensive research and more than ... |
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Understanding TIAA-CREF: How to Plan for a Secure and Comfortable Retirement $23.78 TIAA-CREF is the largest private pension plan in the world, with more than $260 billion under management, including an estimated 1% of all shares traded on the New York Stock Exchange. And yet, while there is a wealth of information on IRAs, 401(k)s and other investment vehicles, until now there has been little guidance for the millions of TIAA-CREF plan participants and their advisors. The TIAA-C... |
Regulators Seize Three Large Puerto Rico Banks
U.S. regulators seized three of Puerto Rico's largest banks on Friday and sold their deposits to other banks, costing the Federal Deposit Insurance Corp insurance fund $5.3 billion -- one of the largest hits in the banking crisis.
UN Trust Fund to End Violence against Women: Highlights from the Field
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