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Hillary wants 65% estate taxes. While they are secure in Tax shelters


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2016 Sep 23, 1:37pm   977 views  6 comments

by Tenpoundbass   ➕follow (7)   💰tip   ignore  

http://www.breitbart.com/2016-presidential-race/2016/09/23/hillary-clinton-wants-higher-estate-taxes-but-not-on-her-family/

To reduce the tax pinch, the Clintons are using financial planning strategies befitting the top 1 percent of U.S. households in wealth. In 2010 the Clinton created residential trusts and the following year moved their Chappaqua estate into the trust, according to their financial records.

#IhavetowritesomethinghereoraLiberalWillPutsomeRaicistShit

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1   HydroCabron   2016 Sep 23, 1:41pm  

Tenpoundbass says

In 2010 the Clinton created residential trusts and the following year moved their Chappaqua estate into the trust

Anyone with half a brain would take advantage of a tax shelter.

Same as anyone would bribe a Florida Attorney General and welsh on a $1 million hole-in-one prize: you'd be a fool not to.

This just makes me like the Clintons more and more.

2   HydroCabron   2016 Sep 23, 2:15pm  

- Hypocrisy: Wealthy people who propose changing tax laws while obeying existing tax laws

- Not hypocrisy: Serial adulterer and promiscuous pro-choice (Fat) Birther banning abortion

3   MMR   2016 Sep 23, 2:24pm  

HydroCabron says

- Hypocrisy: Wealthy people who propose changing tax laws while obeying existing tax laws

- Not hypocrisy: Serial adulterer and promiscuous pro-choice (Fat) Birther banning abortion

Donald Trump, a lifelong New Yorker and for most intents and purposes, a RINO is as likely to ban abortion as anyone on the other side of the aisle.

One of the refreshing things about this election cycle is the low amount of discourse spent talking about abortion, anti-gay rhetoric (even with pence as vp) and religion, other than Islam.

4   HydroCabron   2016 Sep 23, 2:26pm  

MMR says

as likely to ban abortion as anyone on the other side of the aisle

You choose to believe that he'll do only the things you think he'll do.

That's really adorable!

You should do some contracting work for FB. Let us know if you get paid as agreed.

5   justme   2016 Sep 23, 2:31pm  

HydroCabron says

- Hypocrisy: Wealthy people who propose changing tax laws while obeying existing tax laws

- Not hypocrisy: Serial adulterer and promiscuous pro-choice (Fat) Birther banning abortion

I think this juxtaposition is too complicated for the *average* Trump voter.

6   FNWGMOBDVZXDNW   2016 Sep 23, 3:10pm  

Another Not hypocrisy would be: Claiming he is for reducing outsourcing, especially to China while he has outsourced all of his production (much of it to China).

The worst part of Hillary's inheritance tax plan for the merely very rich (if you want to avoid paying such a tax) is not that it increases the percentage to 65%, but that it drops the maximum for tax free funds from $5 million ($10 million per couple) down to $3.5 million ($7 million per couple). Anyone who complains about this while also complaining that she is taking advantage of tax shelters only available to the 1% is an idiot. Fewer than 1% of estates are subject to federal estate taxes, because they don't meet the minimum value.

http://www.usnews.com/news/politics/articles/2015/04/14/fact-check-estate-tax-hits-fewer-than-1-percent-of-estates

Still, I doubt too many populists are going to complain that someone who inherited $8 million had to pay $650K in taxes (effective 8%). Maybe they don't want someone inheriting $10 billion to have to pay $6.5B in taxes. So sad, when they only get to keep $3.5B. No wonder Trump's kids are so concerned about this election.

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