This is terrible. Our government might not extend the elimination of the estate tax. Now Snidely Whiplash known as Uncle Sam hasn't yet extended the pay no taxes on estates over 3.5 million dollars. This tax is better known as the death tax. The US government is going to tax those who have died. Isn't it bad enough that we are taxed to death when we are alive. We will be taxed again when we go to the after life. (Those of us who are fortune enough to have 3.5 mil).
There are those of us American who think that those who are fortunate enough to sing oh daddy 's dead ya ho daddy's dead an I'm going to be stinking rich ya ho daddy dead. Well these young ins should pay there fair share of income they derived from the death of another.
Now which of these statements are correct, If any? Let the people decide.
We Currently pay no estate tax in 2010, if congress does nothing it will go to 55% in 2011.
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