The GOP Response to Biden’s Rescue Act Is a Massive Gift to Wealthy Heirs

[Benton]

(03-12-2021, 09:02 PM)GMDino Wrote: Between running to Cancun during the Texas emergency and this I am not sure how the gqp is going to convince voters that THEY are really the party of the working class.

https://nymag.com/intelligencer/2021/03/biden-republican-response-rescue-act-estate-tax-workers-party.html

Kind of off topic, but the issue of the 'estate planning industry' drives me crazy.

My parents have some cash. They worked for it, they invested wisely, they earned it. And like most decent folks, they want to pass it on. For several years they've tried to talk me into transferring my accounts to their guy because he's convinced them if I don't, estate taxes will eat up it all up. I've tried explaining to them that while they've got a decent nest egg, it's not so large the rest of the family has to take out accounts with this sack of crap to avoid taxes.