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Video: President Obama's Statement on the Affordable Care Act

122
klys (maker of Silmarils)4/01/2014 3:43:11 pm PDT

re: #114 kirkspencer

This was, during the 19th century, the reason for the estate tax.

Consider that anything less than a million is untaxed. Then consider how much screaming there is about 50% on everything above that amount. “Oh, dear, the dependents will be out on the street if kept to a mere million.”

/spit

I think the exemption federally is currently more like 5 million.