It is currently 46% over $2 million, and in 2009 will be 45% over $3.5 million.
Also, does anyone expect a rash of suicides of rich, elderly people in 2010?
2007-10-01 01:34:29 · 7 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
55% sucks. It should NOT be eliminated, but over half is too much. It would be better at 30% to 40% over $1 million.
2007-10-01 07:49:26 · update #1
Lots of plugs are going to get pulled on Grandma and Grandpa in late December 2010.........mostly by "Right To Life" Republicans.......
2007-10-01 01:41:55 · answer #1 · answered by Wayne Z 7 · 1⤊ 0⤋
Filed around 4am on a million/30, have been given the prevalent be conscious a million/31, and then on 2/3 i became given a reimbursement date of two/7. i'm hoping it arrives on the instant, yet I heavily isn't stunned if it would not ensue in my economic enterprise account till the following day. ETA: top now at 2:53am 2/7 the place is my refund is down. it must be a internet site subject or it must be that they are beginning the skill of transmitting refunds and updating tips approximately that. we can might desire to attend and notice i assume. ETA2: Refund confirmed up in my economic enterprise at 4am. So i could say if there are no snafus you do get it on the surely date it says it is going to likely be despatched.
2016-10-20 11:22:56 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Congress will almost certainly act to change the law before then. Both sides agree it should be changed, but they can't agree on the specifics.
Republicans want to eliminate it all together. Democrats have been talking about a $3-4 million exclusion.
2007-10-01 07:16:06 · answer #3 · answered by r_kav 4 · 0⤊ 0⤋
do you know any millionnaires personally that you are concerned for them? I thought those estate taxes were going to end for everyone.
How many millionnaires are there anyway? No, I don't expect a rash of suicides in 2010
2007-10-01 02:55:45 · answer #4 · answered by sophieb 7 · 0⤊ 0⤋
It's the dirty little secret of Bush's "tax cuts." The estate tax roars back to its pre-2000 level in 2011 if Congress doesn't act before then.
2007-10-01 01:55:15 · answer #5 · answered by Bostonian In MO 7 · 0⤊ 0⤋
1. How else are we going to start paying back for the war?
2. No, the rich have ways of sheltering their money so it can't be touched. One such example is a trust fund.
2007-10-01 01:58:37 · answer #6 · answered by mstrywmn 7 · 1⤊ 1⤋
someone asked how many millionaires? from MarketWatch, 8.9% of Americans are millionaires. That translates to roughly 2.6 million people. i'm not one of them.
so over half goes to the government. that's almost blatant robbery. and they don't even send flowers.
2007-10-01 04:10:37 · answer #7 · answered by Anonymous · 0⤊ 0⤋