Hillary Clinton Proposes 65% Top Rate for Estate Tax
Tax plan changed to increase top rate for wealthiest households



Democratic presidential candidate Hillary Clinton would impose a 65% tax on the largest estates and make it harder for wealthy households to pass appreciated assets to their heirs without paying taxes, according to an updated version of her tax plan released Thursday.

The 65% estate-tax rate would be the highest since 1981 and marks one of the most enormous tax-policy gulfs between Mrs. Clinton and Mr. Trump, who would repeal the tax.

Democrats never met a tax they didn't like.

Very rich like Clinton and Trump do not pay that tax, they have lawyers that have trusts etc.

It's family businesses and family farmers that get walked.

When Clinton says Trump is trying to save himself 4 billion dollars it is yet another lie.

She will say ANYTHING, including riling up black protesters to the point of murder.

"Wacked" not walked

Originally Posted by Guest

Hillary Clinton Proposes 65% Top Rate for Estate Tax
Tax plan changed to increase top rate for wealthiest households



Democratic presidential candidate Hillary Clinton would impose a 65% tax on the largest estates and make it harder for wealthy households to pass appreciated assets to their heirs without paying taxes, according to an updated version of her tax plan released Thursday.

The 65% estate-tax rate would be the highest since 1981 and marks one of the most enormous tax-policy gulfs between Mrs. Clinton and Mr. Trump, who would repeal the tax.

Hillary is doing this because big agriculture has donated millions on dollars to her foundation.
Big agriculture, for years, have been trying to get rid of the family farm.
Her proposals will make it impossible for farmers to pass down their farms to the next generation.

This will apply to pretty much any family business.

And this is a reason to vote for Hillary?

It's a reason to not vote for this handicapped sick woman.

Originally Posted by Guest

It's a reason to not vote for this handicapped sick woman.

She isn't going to look very sick on Mon night. She will probably come out screaming like a banshee. She'll have her claws out and threatening. I bet they have her so doped up that she won't even want to stand still, let alone sit down.

She would impose a 50% rate that would apply to estates over $10 million per person, a 55% rate that starts at $50 million per person and the top rate of 65%, which would affect only those with assets exceeding $500 million for a single person and $1 billion for married couples.

Hillary Clinton Proposes 65% Top Rate for Estate Tax - WSJ

Why do liberals always want to take wealth from those who work hard and earn it, and give it to those who don't?

Originally Posted by Guest

Why do liberals always want to take wealth from those who work hard and earn it, and give it to those who don't?

Because their goal is not to make everyone equally rich but rather to make everyone equally poor.

My father always told me the democrats will tax you to death. That was in the 50's and you know what he was right. Democrats are no good.

So people who have already paid taxes when they earned the income to purchase their assets , and who have paid capital gains when their investments paid dividends should be taxed yet again on the same assets because they passed on ?

And that is fair and justified exactly why ?

Originally Posted by Guest

And this is a reason to vote for Hillary?

Yes it helps pay down the 20 trillion debt

Why don't you people get your facts straight. Presently, estates worth $5.45 million or less are exempt from federal estate tax. Beyond that dollar limit, the estate tax kicks in, generally requiring you to pay a tax of 40%. Clinton wants to raise that 40% tax rate to 45%. She also thinks the $5.45 million exemption threshold is too high. She would cut it materially so that more people have to pay estate tax, dropping the exemption amount from $5.45 million to $3.5 million. However, according to the Tax Policy Center, only approximately 10,800 estate tax returns will be filed for deaths in 2015. Of those, less than half (about 5,300) will be taxable. In that sense, the dollars at stake are arguably not too significant.

Proponents of the estate tax argue that it helps to stop wealthy people from getting even wealthier, generation after generation. They see the estate tax as helping to curtail dynasties, keeping them from growing unchecked. Trump, on the other hand, favors getting rid of the state tax. And being a billionaire, would benefit enormously from an estate tax repeal.