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An Awesome Live Performance by Phoebe Bridgers in a Hotel Room: "Smoke Signals"

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ObserverArt10/01/2017 10:15:08 am PDT

re: #259 Patricia Kayden

“The federal estate tax is a tax on property (cash, real estate, stock, or other assets) transferred from deceased persons to their heirs. Only the wealthiest estates pay the tax because it is levied only on the portion of an estate’s value that exceeds a specified exemption level — $5.49 million per person (effectively $10.98 million per married couple) in 2017.”

cbpp.org

Gohmert is lying for Jesus again since the middle class isn’t impacted at all by the estate tax.

How long has this real estate tax boondoggle been going on now?

I worked with a guy back in the mid 90s that was always going on about the estate tax. His family didn’t even have all that much wealth and many of us always wondered how did this become such a talking point that would always turn to anger?

Was this the very early beginnings of Fox and Limbaugh talking points about the evil Democrats tax and spend? I can’t quite remember…just that this has been going on for along time.