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Archive: https://archive.today/8idLk

From the post:

>Some lawmakers want to overhaul the Oregon's estate tax, which is the only one in the nation that kicks in on fortunes worth as little as $1 million. To put that in perspective, if a high net worth individual dies in New York state, they can pass down a maximum of $7.16 million to their heirs completely tax free. A group of 10 Oregon Republicans are sponsoring a bill that would lift the tax exemption up to $7 million estates, much like New York. Any dollars past that amount would be taxed at a flat 7 percent, according to House Bill 2301.

Archive: https://archive.today/8idLk From the post: >>Some lawmakers want to overhaul the Oregon's estate tax, which is the only one in the nation that kicks in on fortunes worth as little as $1 million. To put that in perspective, if a high net worth individual dies in New York state, they can pass down a maximum of $7.16 million to their heirs completely tax free. A group of 10 Oregon Republicans are sponsoring a bill that would lift the tax exemption up to $7 million estates, much like New York. Any dollars past that amount would be taxed at a flat 7 percent, according to House Bill 2301.

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[–] 1 pt (edited )

Estate taxes are just wrong. Regardless of amount. Why should anyone be forced to pay the state one penny after a lifetime of busting their ass and putting together what little scratch you managed to and the state can just claim they can tax it? It's basically one final "fuck you" to the departed and their family.

Ohio got rid of the estate tax in 2013 and they were nailing people with $340,000. I bet that low amount would make a dim's dick rock hard.

[–] 1 pt

I agree entirely. Estate taxes are all about killing generational wealth and it is communist and marxist.

The entire intent is to keep you from passing that wealth on to your family over generations to help the next generation get a foot up in the world.

Even without estate taxes if you are stupid and don't manage wealth well it tends to only last three generations (important because all of the blacks act like White people have hundreds of years of generational wealth when it could not be further from the truth).