"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
This is a post from my link log: If you click the title of this post you will be taken the web page I am discussing.
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
by Vic on April 26 2006, 2:54 pm #
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.
by award tour on April 26 2006, 5:12 pm #