MemeStreams | MemeStreams Discussion

Create an Account

This page contains all of the posts and discussion on MemeStreams referencing the following web page: Death Tax? Double Tax? For Most, It's No Tax . You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Death Tax? Double Tax? For Most, It's No Tax
by bucy at 12:31 pm EDT, Aug 14, 2005

WHEN Congress comes back from its summer recess, one of the first things Senate Republicans will try to do, again, is kill the estate tax.

A major harm of repealing the estate tax that is not mentioned here
is the huge amount of money that will be sucked out of things like university endowments, etc, as a result. As it stands, folks "might as well" bequest money to these things because it'd be taxed away otherwise.