xactly1 | Arkansas news, politics, opinion, restaurants, music, movies and art

xactly1 
Member since Jul 14, 2010


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Re: “Lincoln files estate tax bill

It may be 99.8% don't pay the death tax but it is a different 0.2% every year. The death tax is a one time tax, most of you are confusing it with income tax which is every year. The estates that would pay the death tax are the ones that a large employers. If the estates have to sell their assets to pay the death tax, it is either a much smaller company or goes completely out of business. That means the jobs that it may provide will be gone and then nobody makes any money to pay income taxes either.

Posted by xactly1 on 07/14/2010 at 10:28 PM

 

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