User profile: huh
Joined: July 18, 2008
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Total Comments: 14 (view all)
I don't understand how there always is a new tax looming. It never seems to stop.
ghostcommander wrote:
> For those that do no want to pay any taxes, go to Somali, where they
> have no government since 1991.
The long arm of the US federal government taxes your worldwide income, even if you live in Somali. :-)
I feel for the people in this story, but you can't please some people by giving them inexpensive health insurance by taking freedom and money away from other people. You've got to figure out how you're going to do that while preserving the freedoms of others (including the right to keep one's own money).
I was in the relay too. My team was very sad to hear the news. I too will dedicate my next Ragnar Relay run to Jeremy. My deepest condolences to his family and friends.
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Silly question: The bill "would make permanent the tax exemption for individuals who pass along up to $3.5 million and families up to $7 million in inheritance."
How is the $7 million exemption achieved? When both the husband and wife die at the same time? What if one pre-deceases the other? Does the tax fall back to the $3.5 million exemption?