Rand Paul Tax Plan

[SunsetBengal]

(06-19-2015, 02:32 PM)fredtoast Wrote: Is this supposed to be a joke?

Gift and estate taxes are two the biggest elitist perks this country has to offer.

A guy who works hard to earn a million dollars has to pay tax on it while a guy who does NOTHING to deserve inheriting a million dollars gets it tax free.

Also retaining the mortgage deduction is more pandering to the wealthy.

Evidently, the populous of your State does not feel the same way that you do.  According to this, http://taxfoundation.org/blog/state-estate-and-inheritance-taxes-2014 , Tennessee is scheduled for a full repeal of estate tax by 2016.

Fortunately, I live in a State that has no estate or inheritance tax. My Father, not a wealthy man my any stretch, has worked hard his entire life, to put some back to have for retirement and to leave a little behind. He would be devastated if ANY of what he intended to go to us kids and the grandkids, was swallowed up by the Government.