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The owners of public companies dont have to pay the estate tax when they die, as their children inherit the stock? I thought it was for the total value exchang
by 8note 5y ago
The owners of public companies dont have to pay the estate tax when they die, as their children inherit the stock?
I thought it was for the total value exchanged?
- opinion-is-bad 5y agoThe owners of public companies are irrelevant to the large public company’s continued existence. Owners for them come and go and pay their own taxes, but the company never has to pay the estate taxes itself, hence the advantage against those who must.