The estate tax is a tax that is levied on all property that is declared in a deceased person’s will. The tax is also known as the “inheritance tax” or “death tax.” Proponents of the tax argue that more estates should be subject to the tax and the threshold should be lowered. Opponents of the tax argue that people who have paid income taxes their entire life should not be subject to another tax when they die.
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@ForWheelen3yrs3Y
Estates have already been taxed. Taxes on estates tend to hurt the small business owner where businesses and farms have to be sold off to pay the tax
Deleted4yrs4Y
@929L4VX3yrs3Y
No government regulation
@9334YP33yrs3Y
Yes, taxation is theft, which makes estate tax grave robbery. It should be abolished entirely for all US citizens.
Deleted4yrs4Y
Yes, but increase it gradually
Deleted3yrs3Y
Yes, but depending on the person's stability in income. The tax rate should be set on how much money the recipient is inheriting and how much money they already have.
Deleted3yrs3Y
Yes, but lower taxes for the middle and low-income citizens first and eliminate all loopholes for the rich, depending on the person's stability in income. The tax rate should be set on how much money the recipient is inheriting and how much money they already have.
@8YPV9GG3yrs3Y
Start the estate tax at zero for small sums, and gradually/progressively increase it for larger values.
@4W48KKZ4yrs4Y
Yes. Financial assets should be only taxed as basic income, and physical assets should only be taxed based on their value when sold by the recipient.
@8LKGV334yrs4Y
@8KX67Q94yrs4Y
No. Deceased people's property is still a source of income. People should not be allowed to get away with not paying tax for their assets just because it was passed down to them; otherwise, it's just free money for heirs and heiresses.
@92YHQCV3yrs3Y
No, and increase it at a progressive rate, unless the people are satisfied with the current rate
@54HGKDP3yrs3Y
Estate tax should be calculated on the total sum of the estate in question. It should also take into account the tax bracket of the recipient of that tax.
@8R7SQ2V4yrs4Y
No, at least not yet. We can talk about that after we deal with the deficit.
@8H4DF7B4yrs4Y
Do a study on the efficiency and ethics and effects of each tax and apply accordingly.
@6RW5J4M3yrs3Y
Replace the estate tax with an inheritance tax
@75PWV573yrs3Y
No, and replace the estate tax with an inheritance tax.
@7PTCG383yrs3Y
No, maintain the current rate and lower the threshold to estates with a value greater than $3 million
@85QWNPG4yrs4Y
Yes, by eliminating it and allowing all tax to be under the veil of either income tax on the personal scale, or a yearly charged vat value upwards of 30% on all sales from corporations.
@7PTCG383yrs3Y
Yes, lower the rate to 28% but also lower the threshold to estates valued in excess of $3 million
@7PTCG383yrs3Y
Yes, lower the rate to 28% but also lower the tax threshold to estates valued in excess of $2 million
@86N5Z354yrs4Y
Reform to an inheritance tax.
@86N5Z354yrs4Y
Reform to an inheritance tax
@86N5Z354yrs4Y
No, but I would prefer to reform it into an inheritance tax.
@7PTCG383yrs3Y
Yes and No, lower the current rate to somewhere between 25% - 28%, but also lower the threshold to all estates with a value greater than $3 million
@7PTCG384yrs4Y
No, but raise the estate value threshold to $10 million
@8CGQ47N5yrs5Y
No but provide exclusions for family farms and small businesses.
@7PTCG384yrs4Y
Yes, lower the rate to 30% but also lower the estate value threshold to $3 million
@7PTCG383yrs3Y
Yes and No, lower the current rate to somewhere between 25% - 28% but lower the threshold to all estates with a value greater than $3 million
@7PTCG383yrs3Y
Yes and No, lower the current rate to somewhere between 25% - 28% but also lower the threshold to all estates with a value greater than $3 million
@8CYG8KL4yrs4Y
Yes, but don't get rid of the tax, just lower the rates by the amount of years they worked, and how much they have paid taxes, minorities are not subject to the tax even if they do work and pay tax at the register.
@7PTCG384yrs4Y
Yes, lower the estate tax rate to 25% but also lower the estate value threshold to $3 million.
@7PTCG384yrs4Y
Yes, lower the estate tax rate to 25% but also lower the estate value threshold to $2 million.
@7PTCG384yrs4Y
No, and lower the threshold to estates with a value greater than $3 million.
@7PTCG384yrs4Y
No, and lower the threshold to estates that are valued at more than $3 million
@7PTCG384yrs4Y
Yes, lower the estate tax rate to 28% but also lower the estate value threshold to $3 million.
@7PTCG384yrs4Y
Yes, lower the estate tax rate to 28% but also lower the estate value threshold to $3 million
@7PTCG384yrs4Y
Yes, lower the estate tax rate to 28% and also lower the estate value threshold to $3 million
@7PTCG383yrs3Y
Yes, lower the rate to 25% but also lower the tax threshold to estates valued in excess of $3 million
@7PTCG383yrs3Y
No, and lower the tax threshold to estates valued in excess of $3.5 million
@7PTCG383yrs3Y
Yes, lower the rate to 28% but also lower the tax threshold to estates valued in excess of $2.75 million
@7PTCG384yrs4Y
No, lower the estate value threshold to $3 million and then lower the estate tax rate to 28%
@7PTCG383yrs3Y
Yes, lower the rate to 28% but also lower the threshold to estates valued in excess of $2 million
@7PTCG384yrs4Y
No, but raise the estate value threshold to greater than $10 million
@7PTCG383yrs3Y
Yes, lower it to a rate within the range of 25% - 28%, but also lower the tax threshold to estates with a value greater than $2 million
@7PTCG383yrs3Y
Yes, reduce the current rate to the 25% - 28% range but also lower the threshold to estates with a value greater than $3 million
@8FCV27F4yrs4Y
I think the estate tax should decrease in proportion to the number of children you have.
@8FCV27F4yrs4Y
I think the estate tax should decrease in proportion to the number of children you have, thus incentivizing population growth and decreasing income inequality.
@8HH7SLB4yrs4Y
Not knowledgeable enough
@8JBN6KV4yrs4Y
Yes - Decreased or abolished.
Deleted4yrs4Y
No, except for the poor.
@8LG9WPJ4yrs4Y
Yes on those making under $250,000 a year and eliminate loopholes for high-income earners.
@NotShaggy34yrs4Y
Yes, and abolish all taxes. Taxation is legalized theft.
@8NVXWB23yrs3Y
No, and there should be an inheritance capacity
@8SG6GF54yrs4Y
The current estate tax rate needs to be revisited.
@8TMFV7P3yrs3Y
Yes, and we should replace it with a Land Value Tax
@8VHBC3L4yrs4Y
All Taxes should be based around religious laws
@8YJ6ZGY3yrs3Y
You should pay as much as you did when you were alive
@MSelvig3yrs3Y
We should do away with the current tax system and pass The FAIRTax.
@92ZYZRW3yrs3Y
No it should be drastically increased unless the "estate" is land used by farmers in which most of the worth of it is in equipment or land so that when it's passed on to younger generations it doesn't immediately bankrupt them.
@93Q28783yrs3Y
Depending on the owners economic situation it should be changed.
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