Who died and left the US $7B?
sherwood.news
Who died and left the US $7B?
1–10 of 589 posts
Re: Who died and left the US $7B?
#2Re: Who died and left the US $7B?
#3Interesting enough read, but the post title is misleading. It was hardly a gift, it was an estate tax payment.
Not everyone is a greedy narcissist only out for themselves!
Re: Who died and left the US $7B?
#4Interesting enough read, but the post title is misleading. It was hardly a gift, it was an estate tax payment. Not everyone is a greedy narcissist only out for themselves!
Left does not mean gift, it's a common term which applies when politely referring to the a recipient of an inheritance.
Re: Who died and left the US $7B?
#5Interesting enough read, but the post title is misleading. It was hardly a gift, it was an estate tax payment. Not everyone is a greedy narcissist only out for themselves!
I was severely disappointed when I realized that, I thought some billionaire had gone nuts with https://www.treasurydirect.gov/government/public-debt-report...
Re: Who died and left the US $7B?
#6Interesting enough read, but the post title is misleading. It was hardly a gift, it was an estate tax payment. Not everyone is a greedy narcissist only out for themselves!
Given the fact, as stated in the article that there are a myriad of legal ways by which millionaires and billionaires can skip paying the estate tax, it could very well have been the result of an intentional decision not to evade this by some socially-conscious dying billionaire citizen.
Re: Who died and left the US $7B?
#7Interesting enough read, but the post title is misleading. It was hardly a gift, it was an estate tax payment. Not everyone is a greedy narcissist only out for themselves!
Left does not mean gift, it's a common term which applies when politely referring to the a recipient of an inheritance.
Left means a gift via inheritance, which is the exact opposite of an estate tax (it's not a gift or via inheritance, it's a tax on the value of an estate and paid before distribution).
Re: Who died and left the US $7B?
#8Interesting enough read, but the post title is misleading. It was hardly a gift, it was an estate tax payment. Not everyone is a greedy narcissist only out for themselves!
Given the fact, as stated in the article that there are a myriad of legal ways by which millionaires and billionaires can skip paying the estate tax, it could very well have been the result of an intentional decision not to evade this by some socially-conscious dying billionaire citizen.
There is also a fair bit left after taxes: "Based on estimates of the average tax rate on estates, the February 2023 payment implied the death of someone possessing a fortune between $17.5 and $40 billion."
Re: Who died and left the US $7B?
#9I'm sure their is a hidden joke about interest payments for the federal debt. Wonder what the gov will do with the cash they found in the couch.
Re: Who died and left the US $7B?
#10Pretty obscene that somebody could have so much wealth that $7,000,000,000 is just the tax bill. Also weird that it's framed as a "gift."