Wednesday, June 9, 2010

Rich Men Beware

UPDATE: "A Texas pipeline tycoon who died two months ago may become the first American billionaire allowed to pass his fortune to his children and grandchildren tax-free." Read The New York Times, Legacy for One Billionaire: Death, but No Taxes.

The estate tax was repealed for 2010, but returns next year. In other words, you are worth more dead this year than alive next year, thanks to those waskly Wepubli-cons.

Of course, we are all going to die in the next 2.5 billion years, give or take a few million.

No comments: