From HubPages.com:
"The federal estate tax will be 55% on estates valued at more than $1 million. In 2011 the death tax will go back to the $1million exemption and any taxable income beyond $1 million will be taxed at 55%. This just doesn’t seem fair considering they earned the money and paid the taxes while they were working. Now their heirs will have to pay tax again on money that was already taxed.
Have you ever stopped to consider the American Dream is a nightmare? Most people don't give a whit about the Death Tax since they think it doesn't affect them. But, people, 1 million dollars is not that much. The multimillionaire dilberts could care less since they have high powered lawyers to hide their wealth. It's the small businessmen and farmers, the backbone of America, who receive the shaft. When you earn money there's a tax. When you invest your money you get taxed. When you die, another tax and it's all done by your government. If there was ever a justifiable cause for revolution it'd be to overthrow the IRS. If there's a liberal out there who can justify this horrid piece of legislation I'd like to hear from you.
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