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People in the middle class don’t have 20 million, or 10 million.
by MarkMarine 3y ago
People in the middle class don’t have 20 million, or 10 million.
- sokoloff 3y agoThat they don't is all the more reason to not tax what they do have at 18-40% when they die and pass it to their heirs.
- standardUser 3y agoDo you have a link to a proposal that suggests taxing inheritance for fortunes under $10 million at 40%? From what I understand, if the exemption reverts to previous levels, that would sit at about $6 million (an absurd amount of money to "middle class" families) and would only apply to the value beyond that $6 million. So even a fortune of $10 million would be taxed at well under 40%.