Thread: General Politics "Who is John Galt?"
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Old 11-07-2012, 02:08 PM   #4
whoman69 whoman69 is offline
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Quote:
Originally Posted by Trivers View Post
Federal, state, local, property. All are going to go up.

But primarily Federal.

Let's see: ~3.8% health care tax; higher capital gains, fewer deductions, and thinking the worst: estate tax from 35% to 55% with floor of $1MM instead of current $5MM.

We need a fair flat tax.
Flat tax is the stupidest idea ever. It would be a huge tax cut for the top brackets with the poorest and middle class Americans paying more.

Many of the tax increases you mention are only going in place if the fiscal cliff goes into effect.

You planning on inheriting over $1M in the coming year?
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