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Old 12-03-2006, 07:05 AM   #35 (permalink)
KevinG
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Join Date: Nov 2006
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Quote:
Originally Posted by gberardi View Post
And the idea of being taxed multiple times is addressed at Estate tax (United States) - Wikipedia, the free encyclopedia
This is inaccurate.

They are talking about capital gains, but an estate tax is a tax on your estate value, your worth, no?

The land, property, and everything else was paid for with after-tax dollars. The estate tax taxes "worth" not "income", therefore a lot of the value is being double taxed.
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