Archive for January, 2008
January 16th, 2008 | 
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somekidwhoplaysstarcraft asked:
Hong Kong and Singapore for example, (aren’t they both very successful in economy?) So, if you send money over there and allow your children to inherit it, you don’t have to pay tax?
Its really not fair to have estate tax. Your parents worked hard for the money for you to inherit purposely. But the government tries to take 45% of it. We always pay income tax and properties tax. How come we have to pay inheritance tax? 45% is like robbing. I would understand if its like 20% though.
Lyndon Leming
Hong Kong and Singapore for example, (aren’t they both very successful in economy?) So, if you send money over there and allow your children to inherit it, you don’t have to pay tax?
Its really not fair to have estate tax. Your parents worked hard for the money for you to inherit purposely. But the government tries to take 45% of it. We always pay income tax and properties tax. How come we have to pay inheritance tax? 45% is like robbing. I would understand if its like 20% though.
Lyndon Leming
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