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Brain -> Too Rich to Live? - WSJ.com (7/12/2010 9:09:15 PM)
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I think I am going to get whacked by this too. Somebody has to pay for the wars may as well make a Canadian pay as well I suppose.
Bill
Too Rich to Live? - WSJ.com
The estate tax is set to come roaring back in January. That sets the stage for a perverse calculus: End it all—or leave a massive bill for your heirs to deal with.
"You don't know whether to commit suicide or just go on living and working," says Eugene Sukup, an outspoken critic of the estate tax and the founder of Sukup Manufacturing, a maker of grain bins that employs 450 people in Sheffield, Iowa. Born in Nebraska during the Dust Bowl, the 81-year-old Mr. Sukup is a National Guard veteran and high school graduate who founded his firm, which now owns more than 70 patents, with $15,000 in 1963. He says his estate taxes, which would be zero this year, could be more that $15 million if he were to die next year. ...
Senators are divided among three possible solutions. Some favor the pre-Bush rate of 55%, while others advocate a 35% rate (with a more generous exemption). A third group prefers the old 45% rate. ...
http://online.wsj.com/article/SB10001424052748703609004575355572928371574.html?mod=djemTEW_h
TV host Actor Art Linkletter
[image]local://upfiles/392475/E3C913BD1D954775B997D764D4D5980F.jpg[/image]
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