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Ave. Californian to pay $3,525 more if Bush tax cuts end
invite response
2012 Jul 13, 3:30am 1,389 views 2 comments
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1
Danaseb
2012 Jul 13, 3:52am
As long as it mainly hits the overpaid idiots who think nothing of dropping $600k for a chicken shack, good.
2
rdm
2012 Jul 13, 4:10am
Right off the bat the info premise is wrong as it says the inheritance tax is currently zero and will return to 55%, that is incorrect (it is not currently zero, though it was in 2010) so I would question the whole calculus. They probably took the number of tax returns and divided that by their projected total increase and came up with this number which is an ignorant and simplistic way of looking at a more complex issue.
http://jan.ocregister.com/2012/07/13/ave-californian-to-pay-3525-if-u-s-tax-cuts-end/80219/
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