-Caveat Lector-
In a message dated 02/12/2001 10:38:55 PM Eastern Standard Time,
[EMAIL PROTECTED] writes:
<< Bush is reportedly considering a plan to
collect even more taxes from long-suffering taxpayers. According to the Wall
Street Journal, Bush is contemplating increasing taxes by imposing a capital
gains tax on the appreciated value of assets that are inherited -- in order
to mollify tax-and-spend democrats into accepting his overall tax cut
package. Bush's plan already over-weights the benefits of his tax cuts for
those who pay very little in taxes as it is, in Bush's words, ".the bottom
end of the economic ladder receives the biggest percentage cuts.". Or, to
paraphrase the democrats, "tax cuts for the poor". And now, because there is
one aspect of wealth accumulation that has escaped the grasping claws of the
Tax Man, there may be a huge new tax bill for heirs of appreciated assets. >>
What's the big surprise? George W. is a Republican. Did you think he
really wants to give you a break on your taxes. He just wants to give his
rich, corporate friends a break on taxes. Prudy
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