Everyday it is something new. Yesterday I learned that the government requires estates to have a federal tax id number. What in heavens name for was my first reaction. Then it occurred to me that they want to make sure that money left in the estate is taxed. What bastards. The money is already taxed to death when you earn it. They want to make sure anybody who inherits from the estate is reported, so they can tax the money again only at a higher rate. It is no small wonder why one of the political parties wants to lower if not get rid of the inheritance tax. It is just a shame that it isn't the party that is running the country right now...
No comments:
Post a Comment