Perry, why should heirs pay taxes on what their parents managed to save, after taxes? Think about your poor dogs, Perry; who will provide for their daily linen service if it all goes to the IRS?
You think that annual taxes on income and cashed in investments is not enough? You think that annual property taxes on homes, boats, and cars is not enough?
And you’re going to be the arbiter of who ‘honestly earned their money’? Have the producers of trash like ‘American Idol’ and ‘The OC’ honestly earned their money?
I guarantee that I’ll structure things such that my nice-sized estate won’t get ‘death taxed.’ Just as all the left-wing fat cats in Hollywood have done.