- We expected the House GOP tax draft to extend the 2017 law's increase in the amount multi-millionaires can pass to their heirs tax free from $14.3M to $28.6M per couple But they went the extra mile and made it $30.0M--that is a total $6.3M tax cut for the heirs of these estatesMay 10, 2025 02:23
- And yet the headlines talk about how they are "thinking" of raising taxes on the rich. Bullshit. Even if they slightly raised the incremental tax rate on millionaires, they will more than offset that with tax dodges like this. Distract-steal-repeat. #taxtherich
- So their Christmas doll/ pencil problems are solved.
- This should be $1M tops per heir for everyone. And that’s no just tax free. That’s total. The rest is taxed 100%.
