Taxing the Great Wealth Transfer with a stronger estate tax
Posted by abrookerunsthroughit
Taxing the Great Wealth Transfer with a stronger estate tax
Posted by abrookerunsthroughit
3 Comments
When I listened to republican propaganda I thought the “death tax” was unjust. But it literally doesn’t kick in until almost $14,000,000.
At a 4% safe withdrawal rate, $14m is $560,000 a year forever. Call me a socialist, but I won’t lose sleep about income over that amount being taxed
Taxing saving is bad.
Even better, a different form of tax on estate.
A tax on… land even? 🧐