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Re: Palin's 17 year old daughter pregnant.

Posted by Stephen Bauman on Tue Sep 2 09:08:27 2008, in response to Re: Palin's 17 year old daughter pregnant., posted by LuchAAA on Tue Sep 2 00:32:20 2008.

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Does anyone here disagree with killing the "death tax". I'm sure we all are against the "death tax".

The bulk of most estates are unrealized capital gains. Unrealized capital gains are not taxed. Somebody with assets can borrow against these assets for pocket money and still pay no taxes. It's a tax dodge.

The way that this levels out is at death. Inheritance tax is based on the deceased's net worth. Don't want to pay taxes while you're alive by deferring capital gains? The government will get those taxes that were evaded through inheritance taxes.

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