Eliminate inheritance tax. Ridiculous Reform tax systems WE THE PEOPLE not responsible deficit spending outrageous. Flat Rate tax works using a profit scale category abide by creating stability. Inheritance in stocks abide by deceased persons will.
@Jellybellycat10 ай бұрын
So disgusted at the criminal levels of deceit and corruption at the federal level. How dare they require death taxes, estate taxes, etc after a lifetime of paying income and sales taxes. Disgusting.
@har0ld551-hn6fm10 ай бұрын
I've been advised to delve into estate tax planning recently, given the size of my portfolio. It seems like a complex process, especially when factoring in various investment assets.
@brianpartridge565410 ай бұрын
He says the nations small businesses lol he means the multimillion dollar CORPORATIONS GETTING STOCK BUY-BACKS AT/WITH NO COMPETITION (CLOSED SALE) RATE AND THEY WANT IT TAX FREE And payed for with life insurance win win win for the corp
@mackman7709510 ай бұрын
If corporation had to dip into the savings to pay off the decedent's estate, then the total value of the company would be less.
@mackman7709510 ай бұрын
Simple fact.. Small companies significant value is based on the owners' participation. When an owner dies, the value of the company goes down considerably. There is no other way to make up for that value than to 1) increase the remaining owners' share of ownership 2) influx of cash to make up for loss of intellectual capital. On a final note, those shares may have to be used to entice another potential partner to become a partner.
@OldHickoryAndyJackson10 ай бұрын
Oh geez, make a deal where everyone gets their cut
@anghockseng568610 ай бұрын
Simple case Normally fine him 1 million dollar
@mackman7709510 ай бұрын
All owners are creditors..
@moralobjection483610 ай бұрын
It's almost like we could hire some accountants. They would tell us what we could cut and trim up. We would do it, and save money. We don't care about saving money though. We use woman math in the US government.