Easy to say but in the early тАШ90тАЩs it decimated small family businesses bought out out by investment firms. Most inheritance taxes for the wealthy are already shielded from inheritance tax.
Yes, 90% of inheritances are for less than around $10 million. It's the other 10% that needs to be taxed by at least 60% to destroy the enemies of the rest of us.
Yes, Florida leads as a billionaire enabler with legislation passed under current admin that allowed private trust companies (Waltons,Bezos et al) to shield their assets. So they move to Fl ,buy ginormous homes and contribute to the increased cost of housing for those with small businesses.
Mellon: $25 million to Wormhead. $25 mil. to Donnie. Plus $50 mil. to Donnie. Eff. This is going to take a while to fix. Stay healthy. We need you.
Best argument this week for 100% inheritance tax
Easy to say but in the early тАШ90тАЩs it decimated small family businesses bought out out by investment firms. Most inheritance taxes for the wealthy are already shielded from inheritance tax.
Yes, 90% of inheritances are for less than around $10 million. It's the other 10% that needs to be taxed by at least 60% to destroy the enemies of the rest of us.
Yes, Florida leads as a billionaire enabler with legislation passed under current admin that allowed private trust companies (Waltons,Bezos et al) to shield their assets. So they move to Fl ,buy ginormous homes and contribute to the increased cost of housing for those with small businesses.
Yeah, I think the other is South Dakota?
Yes, SDAK has the most priviliged private rules about setting up trusts and estates - the number one place to go to hide money.
And laundering.