Comments on: Simple Explanation of the Federal Estate Tax

By: Explanation of Gift Laws, Taxes and Restrictions | My Journey to Millions

Explanation of Gift Laws, Taxes and Restrictions | My Journey to Millions — Tue, 24 Nov 2009 15:56:14 +0000

[...] previously gave an easy way to calculate estate taxes, but as a [...]

By: tax lien certificate investing

tax lien certificate investing — Mon, 20 Jul 2009 21:44:10 +0000

wow a government of thugs. Tax on tax.
tax lien certificate investing´s last blog ..Tax Lien Foreclosure

By: Reasons for Writing a last Will and Testament | My Journey to Millions

Reasons for Writing a last Will and Testament | My Journey to Millions — Tue, 09 Jun 2009 00:53:34 +0000

[...] Do you have a sizeable estate? Do you need a tax efficient will to reduce estate taxes? If you don’t know what I am talking about check out my post on federal estate taxes made simple. [...]

By: Audit Worries - Your Surviving Family may be in for a Suprise | My Journey to Millions

Thu, 12 Feb 2009 05:56:08 +0000

[...] if you don’t understand the simples behind the so-called “Death Tax” check this past post. Simply put if your assets are under $3,500,000 it is unlikely you will owe any federal [...]

By: My Journey

My Journey — Tue, 27 Jan 2009 14:24:20 +0000

Gov’t Tax Sales,

I agree that the idea behind an estate tax is wrong, that being said, it generates too much money (think tens of billions) but only affects the top 2% of the country…it is way too perfect for politicans to let go of. Hell, even the ancient Romans had one.

Your second point is VERY interesting. Jackie O when she died with an estate valued at about $50mil or so she paid $1mil in tax BECAUSE SHE PLANNED FOR IT (See my quote by Judge Learned Hand…yes, that is his real name). Compare that to the owner of the Miami Dolphins in the mid 90’s, he died NO PLANNING he owed over $500mil and the team had to be sold by his heirs.

So for some it does work!

By: Government Tax Sales

Government Tax Sales — Tue, 27 Jan 2009 05:37:56 +0000

It makes no sense to pay taxes on money and assets that you already paid income taxes on.

Besides, many argue the purpose of the estate tax is to prevent small groups from accumulating extraordinary wealth and passing it from generation to generation. This doesn’t work. How much estate tax do you think the Kennedy’s have ever paid.

By: Tax Carnival #41: TaxtoberFest 2008 | My Journey to Millions

Tax Carnival #41: TaxtoberFest 2008 | My Journey to Millions — Tue, 07 Oct 2008 01:18:24 +0000

[...] finance blogging is the explanation of tax issues. I recently wrote an article titled, “Simple Explanation of Estate Taxes” was chosen for the Tax Carnival #41: TaxoberFest 2008. The whole Carnival hosted here by [...]

By: ezineaerticles » Blog Archive » Simple Explanation of the Federal Estate Tax

Tue, 09 Sep 2008 05:30:11 +0000

[...] Original My Journey [...]

By: Simple Explanation of the Federal Estate Tax

Simple Explanation of the Federal Estate Tax — Tue, 09 Sep 2008 05:28:25 +0000

[...] Original My Journey [...]