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PoliticalGround >> Death Tax Question


2/25/11 6:54 PM
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Gaspare
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Member Since: 2/9/09
Posts: 493
 
 So I know the death tax has been passed and put into effect. I understand the Government can tax up to 35% of an inheritance. My question is i've heard two different stories on this, the first being they ONLY tax you on an inheritance of over 1 Million dollars which would be 35%. The other story was they tax you a certain perfect on ANY amount depending on that amount.  So which one applies?
2/25/11 6:58 PM
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Gaspare
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