Cruising Sailors Forum Archive

And lets not forget theft in the name of National Death Tax.

Before I posted I did a search on 'California Capital Gains Tax from your personal home' and that came up on a number of different pages. I have property and try not to sell but work through 1031 exchanges. Put those taxes off as long as possible. Hell, at the present time, if it's worked right you can put it off forever.

Not the death tax though,,, oh I'm sorry, Estate Tax. You die and the government steals your money, and every year it's a different rate. What the hell is that? In 2002 they took almost half of everything you owned when you died. In 2010 you're kids get to keep it all. In 2011 the tax comes back and their going to take it again. Does this make any sense at all?

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