![]() ![]() ![]() (I’m working today, Sunday, as per usual.) And I don’t want to give 75% of my earnings to the government. I oppose the estate tax because I was born to modest means and worked 7-days a week for most of my life to be in my current position. Fairness isn’t an objective quality of the universe. You can argue whether an estate tax is fair or unfair, but fairness is an argument for idiots and children. If the impact of the estate tax is nothing but higher fees for my attorney, and hassle for me, that isn’t good news either. Yes, I can do clever things with trusts to avoid estate taxes. So the government would take 75% of my earnings from now on. With Clinton’s plan, my remaining 50 cents will be taxed again at 50% when I die. In my case, a dollar I earn today will be taxed at about 50% by various government entities, collectively. I call this a confiscation tax because income taxes have already been paid on this money. The bottom line is that under Clinton’s plan, estate taxes would be higher for anyone with estates over $5 million(ish). She does, but it is organized to mislead, not to inform. So don’t fall for the claim that Clinton has plenty of policy details on her website. It is clear that the intent of the page is to mislead, not inform. See the total lack of transparency here, where the text simply refers to going back to 2009 rates. Her website goes to great length to obscure the actual policy details, including the fact that taxes would increase on lower value estates as well. Confiscation of Property: Clinton proposed a new top Estate Tax of 65% on people with net worth over $500 million. I’ll say more about that, plus some other issues I do understand, below.Ģ. I understand that issue and I view it as robbery by government. That neutrality changed when Clinton proposed raising estate taxes. Given the uncertainty about each candidate – at least in my own mind – I have been saying I am not smart enough to know who would be the best president. Neither do you, but you probably think you do. So on most political topics, I don’t know enough to make a decision. ![]() My opinion on abortion is that men should follow the lead of women on that topic because doing so produces the most credible laws. I don’t know the best tax policy to lift all boats. I don’t know the best way to negotiate trade policies. For example, I don’t know the best way to defeat ISIS. So here it goes.ġ.Things I Don’t Know: There are many things I don’t know. But recently I switched my endorsement to Trump, and I owe you an explanation. It isn’t safe to be a Trump supporter where I live. Please consider Why I Switched My Endorsement from Clinton to Trump.Īs most of you know, I had been endorsing Hillary Clinton for president, for my personal safety, because I live in California. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |