Because to the Child it is income.

-----Original Message-----
From: Maureen [mailto:[email protected]] 
Sent: Tuesday, April 19, 2011 08:35 PM
To: cf-community
Subject: Re: [politics] Cost of tax cuts for the rich exceeds gains by
budget cuts


I'm not a fan of increases in capital gains or inheritance taxes.
Remember than increases in capital gains affect everyone who owns stock, not
just the super wealthy.  Inheritance tax seems like double taxation to me.
Since the parent paid taxes when they earned the money, why should the child
have to pay tax on it again?

On Tue, Apr 19, 2011 at 6:02 PM, Eric Roberts
<[email protected]> wrote:
>

> Big ones:  estate and inheritance taxes need to be reinstated.  There 
> is a group of people from that top 1% that is also advocating this.  
> One of them is Bill Gate's dad.  Another would be to tax capital gains 
> by hedge fund owners instead of letting them sit on it tax free until 
> they withdraw



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