52. INHERITANCE TAX:
There has been
considerable debate on this situation, where does it make sense that if you
have been successful, and made a lot of money that when you die, the government
should inherit your money? That is exactly what they are doing. You work hard,
take risks to earn lots of money, and then when you die, the government says
“to hell with your family that you’d like to leave all this money to”, they
want that money, after all they have more needs for that money than your
family.
While there has been some reprieve on this until 2010, it is scheduled to revert back to the old tax basis after that date. You have paid taxes on earning that money all these years, and in some states even paid more taxes on what you had saved in the bank, or whatever investment. While the government now wants to confiscate what you leave after death. Note that date, 2010, the date I’m telling you they plan to open our borders, and end the United States of America, forward North American Union. Are you paying attention, I am.
It used to be fantastic to live in a million dollar home, right
now (2008) in Lost Angeles the average family home was selling for $400,000 to
$500,000. That same home in 1970 would have sold for about $25,000. We are
talking about a home of 1800-2200 square feet of space, a modest home at best.
That would seem like you’re rich, NO not in today’s inflation. By
2020 those homes will cost at least a Million dollars. I’ve seen 300% inflation
on home prices in just 10 years in California. WHY? That raises tax income for
the state, increases the income of our politicians, and the Real Estate agents
love the increase in income. You by the way are going broke, and too many of
you now are in foreclosure.
So when you die, your kids sell the family home, and have to
give 50% of that sale price above $600,000 to the government, “That’s WRONG”, I will permanently end the
Death Tax upon the citizens’ death.
I’m telling you that our
government is going to spend a lot less money if I’m your president. I’m a
bargain shopper, and yet I insist on Quality when I buy something. If our
present financial controllers can’t do the job, I’ll find those who can. Even toilet paper has to have a certain
quality to do the job you bought it to do.
The government has just been confiscating this money as “Their
Due”. “NO WAY” anymore.
Remember that old saying “You
can’t fight City Hall” Yes you can, do it. I’ll help you.