Timeline for What ethical (if any) or economical arguments are offered in defense of the inheritance tax?
Current License: CC BY-SA 3.0
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Jan 20, 2021 at 16:48 | comment | added | sharur | Not that that the 11.2 million dollars limit is the "lifetime gift exception" which can be eroded over time. E.g. If your parents gifted you a new car, a college education (excluding via some special savings accounts), wedding payments, heirloom jewelry, etc. outside of their will (e.g. before they died) this amount may be reduced. It also includes things such a real estate, family businesses, franchise businesses, investment portfolios, and potentially life insurance payouts (if one's estate is the beneficiary). | |
Apr 11, 2018 at 17:12 | history | edited | Denis de Bernardy | CC BY-SA 3.0 |
deleted 9 characters in body
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Apr 11, 2018 at 17:06 | history | answered | Denis de Bernardy | CC BY-SA 3.0 |