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Originally Posted by lookout123
the estate tax does not tax the money as it is passed to the beneficiary. the estate is taxed and the beneficiary gets what is left. that is not a transactionary tax.
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You might as well say that the price of the good is raised, and then the purchaser pays the higher price. The point at which the tax is applied is semantice.
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but we can agree to disagree on that. will you at least grant that a lot of little people are getting hosed by this tax that people think is only applicable to the ultra wealthy?
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No. The spouse is exempt.