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PSA $15 million is middle class
| Non sequitur | 05/18/25 |
| Covid was a Hoax | 05/18/25 |
| Non sequitur | 05/18/25 |
| i gave my cousin head | 05/18/25 |
Poast new message in this thread
Date: May 18th, 2025 3:59 PM Author: Non sequitur The proposal for a tax bill that is now wending its way through Congress contains roughly $4 trillion in tax cuts, and about $200 billion of that amount pertains to increasing the estate-tax exemption to $15 million in 2026, according to the Bipartisan Policy Center. This means that paying federal estate taxes will continue to be an extremely ultrarich phenomenon that pertains to a fraction of a percent each year. It’s one baby step from getting rid of the tax altogether.
The proposal matters most to the ultrarich middle-class subcategory — those with estates worth between $7 million and $15 million. The question now is whether the bill will pass as put forward by Republicans in the House of Representatives, or if it will be changed in the Senate, and when.
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Date: May 18th, 2025 4:01 PM Author: Covid was a Hoax tell me more about the ultrarich middle-class subcategory (http://www.autoadmit.com/thread.php?thread_id=5726769&forum_id=2E#48941828) |
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Date: May 18th, 2025 4:04 PM Author: Non sequitur Nutella and earl (http://www.autoadmit.com/thread.php?thread_id=5726769&forum_id=2E#48941833) |
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Date: May 18th, 2025 4:07 PM Author: i gave my cousin head Lmc (http://www.autoadmit.com/thread.php?thread_id=5726769&forum_id=2E#48941842) |