A painting of me

"18 families worth a total of $185.5 billion have financed and coordinated a 10-year effort to repeal the estate tax, a move that would collectively net them a windfall of $71.6 billion." ⇒

   26 April 2006, lunch time

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Comments

  1. This is so un-Chinese. =)

    It would be against my up bringing to put my support behind such a tax. If being Chinese were a religion, this would be blasphemy!

    hehe

  2. although the thought of paying a 40% tax rate upon death (for money that’s already been taxed) seems egregious, it’s not like any of those families would actually dish out $71 billion. I’m sure it would diverted in a million differrent ways in a million different tax shelters.

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