[AlexdeLarge]

Tax Laws Encourage Euthanasia In 2010
http://globaleconomicanalysis.blogspot.com/2009/12/tax-laws-encourage-euthanasia-in-2010.html

$this->bbcode_second_pass_quote('', 'A') lifetime friend Dave writes: "Because Congress is populated by venal idiots, the estate tax expires on January 1, 2010 only to rise again on January 1, 2011. So rich old people everywhere are deliberately engineering their lives to end during the next calendar year"

With that backdrop, please consider Rich Cling to Life to Beat Tax Man

[crude_intentions]

Step 1: Create "charity" and name kids to board of directors

Step 2: Leave all belongings to said "charity"

Step 3 ????

Step 4 Profit

[efarmer]

I would like to offer a very lovable and respectful efarmer to the wealthy
"it's a great year to die" persons who have not had the pleasure nor the
joyful experience of conceiving or rearing an efarmer of their own.

I am now officially up for adoption.

[Ludi]

It's easy to avoid "death taxes" by gifting your belongings while you live.

Estate taxes are a non-issue except for the extremely rich, for whom they are a non-issue because they have plenty of money to pay them.

[Revi]

Estate taxes make up a huge chunk of the federal budget. That means that they will be short another 20 billion or so.

It doesn't surprise me that the rich will figure out a way to die on schedule.

There's no way to avoid death, but taxes may be avoidable this year for them!

[dinopello]

The estate tax is always an interesting debate.

What would George Washington or Thomas Paine say ?

$this->bbcode_second_pass_quote('', 'I')n two works, The Rights of Man (1791) and Agrarian Justice (1797), Paine argues for the adoption of an inheritance tax in England to balance out the unfair distribution of “landed property.” For Paine it is common sense that God gave “the Earth as an inheritance” to all of God’s children. Therefore, he proposed an inheritance tax to create a national fund that (1) would give the sum of 15 pounds sterling to everyone turning 21 years old as a compensation for the loss of their “natural inheritance,” and (2) would give a sum of 10 pounds a year to every person over the age of 50 as an early version of Social Security.

[Sixstrings]

$this->bbcode_second_pass_quote('', 'S')tarting Jan. 1, the estate tax -- which can erase nearly half of a wealthy person's estate -- goes away for a year. For families facing end-of-life decisions in the immediate future, the change is making one of life's most trying episodes only more complex.

"I have two clients on life support, and the families are struggling with whether to continue heroic measures for a few more days," says Joshua Rubenstein, a lawyer with Katten Muchin Rosenman LLP in New York. "Do they want to live for the rest of their lives having made serious medical decisions based on estate-tax law?"

To make it easier on their heirs, some clients are putting provisions into their health-care proxies allowing whoever makes end-of-life medical decisions to consider changes in estate-tax law.

Of course, plenty of taxpayers themselves are eager to live to see the new year. One wealthy, terminally ill real-estate entrepreneur has told his doctors he is determined to live until the law changes.

"Whenever he wakes up," says his lawyer, "He says: 'What day is it? Is it Jan. 1 yet?'"

The situation is causing at least one person to add the prospect of euthanasia to his estate-planning mix, according to Mr. Katzenstein of Proskauer Rose. An elderly, infirm client of his recently asked whether undergoing euthanasia next year in Holland, where it's legal, might allow his estate to dodge the tax.

His answer: Yes.
http://online.wsj.com/article/SB126213588339309657.html?mod=WSJ_newsreel_us

[Ludi]

If grandma had planned ahead she could have avoided all this by gifting her estate to her heirs over a period of years.

Estate taxes are a non-issue except for the careless and ignorant, or pathologically tight-fisted.

[Ibon]

$this->bbcode_second_pass_quote('Ludi', 'I')f grandma had planned ahead she could have avoided all this by gifting her estate to her heirs over a period of years.

Estate taxes are a non-issue except for the careless and ignorant, or pathologically tight-fisted.

[Ludi]

$this->bbcode_second_pass_quote('Ibon', '
')I agree. Up to 20000 a year can be given tax free to each individual family member.

[gollum]

I have no sympathy for the rich, but in doing **** like taxing inheritance on things like family businesses and farms the government earns no favor with me.

[Ludi]

$this->bbcode_second_pass_quote('gollum', 'I') have no sympathy for the rich, but in doing **** like taxing inheritance on things like family businesses and farms the government earns no favor with me.

[mattduke]

The death tax destroys family farms and businesses.

[Tyler_JC]

$this->bbcode_second_pass_quote('mattduke', 'T')he death tax destroys family farms and businesses.

[Ludi]

$this->bbcode_second_pass_quote('mattduke', 'T')he death tax destroys family farms and businesses.

[mcgowanjm]

$this->bbcode_second_pass_quote('Ludi', '')$this->bbcode_second_pass_quote('mattduke', 'T')he death tax destroys family farms and businesses.

[mattduke]

About 1.6% have what it takes to live below their means, save, and then risk it all to become entrepreneurs.

[mcgowanjm]

$this->bbcode_second_pass_quote('mattduke', 'A')bout 1.6% have what it takes to live below their means, save, and then risk it all to become entrepreneurs.

[Ludi]

$this->bbcode_second_pass_quote('mattduke', 'A')bout 1.6% have what it takes to live below their means, save, and then risk it all to become entrepreneurs.

[mattduke]

Let's kill the rich and steal their property! If we all vote to do it then it's ok! The rich use the government to extort money for themselves. You are all the same: using the government to steal from each other.