Virtual Congress Vote. This bill is introduced by Congressman NathanE (I) of Pennsylvania. Inheritance taxes are hereby abolished.
The Republicans vote entirely on party lines, haha.
I'm an independent though?
I know, I'm saying when you look at the filters, not one Republican voted Nay.
Strongly support this!
Thank you! I'm glad to see it has received so much support
This is definitely an issue I feel strongly about! Thank for bringing this up!
No problem. I'm glad we agree again. We really aren't that far apart, it just seems like it because we don't talk about what we agree with, just debate where we differ lol
Haha! Yes! I supported your welfare bill as well. I think we agree on most fiscal issues.
That's what it looks like lol. All my bills have passed though, I'm 5/5 now
Nice! I probably need to propose one when I think of one. I usually enjoy commenting on them though.
Go for it! I really wish you had a skype, then we could IM about a few ideas not in public
Bye bye bs tax.
Yay. Why should the government get so much of a dead mans money.
Why should they get ANY? He's already paid his whole life, and they want him to pay more after he's gone? Despicable.
I would favor changing, reducing, simplifying, etc. -- but current inheritance tax rules already exempt the first 5.25 million dollars of an estate. This seems to me to disproportionately benefit non-productive wealth transfers. Any counterpoints?
Same thing she said
They government doesn't have a moral claim to money simply because you died and left it to someone. The inheritance tax is theft, pure and simple.
Couldn't of said it better myself
It isn't about a "moral" claim. The government is the only reason that money has any value as currency, remember.
How will the lost revenue be made up?
We have it figured out, I'm leaving right now or I'd tell you myself. Hopefully A-Fly or Jake can tell you. I'm literally walking out the door right now
Here you go sir: 71K->143K raise by .10% 143K->218K raise by .10% and plus the addition of the taxes on the rich with our budget should do it. I'm the person behind the numbers.
Sorry I had some business to take care of. This sums that up and I'm very pleased with the support so far
One more question: this only eliminates the federal estate tax, and does not interfere with state inheritance taxes, correct?
We have a spending problem not a revenue problem.
What is the current law regarding inheritance tax? I could not find any previous bill dealing with it, but please forgive if I missed one.
Current us law