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Off Topic / Re: The 2025 Republican Wealth Bill is Much Worse Than 2017
« Last post by fohat.digs on Sat, 05 July 2025, 13:59:31 »
how many ultra-wealthy come from very wealthy families.
The ultra-wealthy squeal bloody murder about inheritance taxes, they call them "death taxes" when those taxes are actually the least painful and "easiest" to pay of all taxes (particularly when the "floor" is set high, today I think it is about the first $2 Million that is not taxed at all). Kind of like how payroll taxes come out of your check before you ever see the money - make it simple.
Of course, inheritance and capitol-gains taxes were first on the chopping block under Reagan, and every other Republican since.