If you work hard your whole life to save money, and want to leave it to your children,?

Question

Would you be happy knowing Obama will tax their money 40%?

Answer 1

The answer to your question is NO!

1st I will not work my A$$ off for my kids.....I taught them what and how to do....They can kiss my grits......

I may leave them a check!

(one that will bounce)!

Answer 2

No, I was for Obama until after I looked at his proposed tax increases.  I am middle-class, labor, and work hard for my money.  I can't afford more taxes and don't want what I worked for to be taken away from my children when I die.

Answer 3

No, I wouldn't.  That's because the CURRENT maximum estate tax rate is 45%.  

Moreover the rate only applies to the portion of the estate valued at more than $2 million.  And most people pay no estate taxes at all.  Those who do usually inherited their money in the first place.

Answer 4

redistribution of wealth is the far lefts biggest selling point.  

It really burns my cheeks, as the father of a seven month old, I think it's best to just buy gold bouillon and bury it somewhere, I don't want the government telling me where my money should go.

Answer 5

Ick...  Nice to know... Thats what my grandaddy did and my daddy is doing...  guess he better spend it all if Obama gets elected.....  And you know where that 40% is going to go..... to someone to lazy to work!!

Answer 6

It's BS, many people who are not rich have life insurance policies to protect their children if something happens to them.  Obama will take that money from your kids mouths.  I guess he wants everyone dependent on the govt.