Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

kpete

(72,005 posts)
Mon Aug 8, 2016, 03:07 PM Aug 2016

Trump's anti-poverty agenda to assure Eric, Ivanka, et al inherit Donald’s exaggerated fortune tax f

Trump: "Finally, no family will have to pay the death tax."

the death tax is really the Barron Trump tax, so we're clear

https://twitter.com/7im/status/762693212024692736

......The mogul said, “Finally, no family will have to pay the death tax,” while unveiling the significance of holding the event in the Motor City: “The city of Detroit is the living, breathing example of my opponent’s failed economic agenda. She supports the high taxes and radical regulation that forced jobs out of your community.” He called for an end to the estate tax in his address, as well as a 15 percent cap on business income tax for Americans.

http://www.mediaite.com/online/detroit-mock-city-detroit-protestors-steal-the-show-at-trumps-big-economic-unveiling/
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump's anti-poverty agenda to assure Eric, Ivanka, et al inherit Donald’s exaggerated fortune tax f (Original Post) kpete Aug 2016 OP
And free pony rides for heads of the executive branch. (nt) forgotmylogin Aug 2016 #1
yep....99.8% of estates owe no estate tax at all. spanone Aug 2016 #2

spanone

(135,855 posts)
2. yep....99.8% of estates owe no estate tax at all.
Mon Aug 8, 2016, 08:11 PM
Aug 2016

just more trump bullshit to rile up his 'angry' followers...


Today, 99.8 percent of estates owe no estate tax at all, according to the Joint Committee on Taxation.[3] Only the estates of the wealthiest 0.2 percent of Americans — roughly 2 out of every 1,000 people who die — owe any estate tax. (See Figure 1.) This is because of the tax’s high exemption amount, which has jumped from $650,000 per person in 2001 to $5.43 million per person in 2015.


http://www.cbpp.org/research/ten-facts-you-should-know-about-the-federal-estate-tax
Latest Discussions»General Discussion»Trump's anti-poverty agen...