the spouse is exempt depending upon titling of assets.
why in the world would you support this redistribution of wealth? someone works hard and becomes successful so now the government is entitled to 40%? how do you figure?
if i work hard, save, invest, and mix in a little luck i should be able to pass what i make on to my son without regard to how much or little i made. it is mine. i worked for it. when i die, if i so desire, he should get it.
so, because people are envious of the ultra wealthy; everyday successful people you come into contact with have to hire attorneys to build a well structured trust for investments and a second trust for insurance policies so that they can stay under the estate tax limits.
you can harp on about fears of an aristocracy, but you are being dishonest if you don't think normal everyday people are getting skewered by the estate tax laws.
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Getting knocked down is no sin, it's not getting back up that's the sin
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