But lets call it as we see it.
Its main purpose is to allows the transfer of wealth - stocks bonds lavish homes to our offspring without financial penalty.
Of course since my estate WON'T be worth over $5 Mil I won't worry too much about it as that's when the estate tax (16%) kicks in anyway.
Estate taxes are nothing more than money grabbing of funds saved, earned AFTER taxes have been paid by the deceased all their lives.
It is a tax on already taxed monies....
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