[quote=briansd1]flu, the difference is that you gave away money at a lower basis. And when you give it away, it’s not yours anymore.
That’s what estate planning is all about. With proper estate planning, only the richest (about 5,500 estates) are subject to the estate tax.
Remember, that under this tax deal, the very rich (a tiny percentage of the population) get a bigger estate tax break. Everybody else gets an extension of the tax cuts.
Like I said before, we know who the Republicans are working for. I doubt their voters are educated enough to realize it.[/quote]
Yes, but don’t you think the difference is a technicality?
I mean, same dollars, from same source, for the same end purpose….