IRS: “Only total taxable estates and lifetime gifts that exceed $1,000,000 will actually have to pay tax. In its current form, the estate tax only affects the wealthiest 2 percent of all Americans.”

You’re being scammed by Karl Rove’s verbiage.
The 9th gave you the web page, read it before you endorse this Priority. PS: Here’s the IRS quote: “In its current form, the estate tax only affects the wealthiest 2 percent of all Americans.”
Here’s the direct link to the page:
http://www.irs.gov/businesses/small/article/0,,id=164871,00.html

The so-called death tax affects only the most wealthy of families. It applies only to estates that are valued in excess of $5 million.

Our founding fathers were rightly concerned about accumulated wealth and the resulting accumulation of power. A tax on huge estates is not only a fair way to raise funds, but it helps to avoid such growth of wealth and power across generations.

The Founding Fathers established the estate tax to ensure that wealth would not accumulate over the generations, believing aristocracy and money go hand in hand and are anathema to democracy.

Estate planning is all about getting around the death tax so if your smart you can get around this tax, so one can conclude the death tax is a tax on stupidness

A better name is Alive and Kicking Tax

My point is that people who keeps saying that it is a tax on the rich dead and do not think about where the money comes from if the rich dead people are not taxed are people who put there heads in sand.

What many people don’t get about the death tax is that- as it Currently stands- it only touches people who have estates worth over 4 million dollars. There already are farm & business loopholes (where the tax can be paid over an extended period of time). Through any prudent estate planning the death tax should only significantly affect the wealthiest 1/2% of Americans. Say NO to Paris Hilton!

Why is it okay for the government to steal my family’s hard earned money when they die? Its not just their money…their land is included in the tax. If my parents die today, I will have to pay the government $500K just the keep the house….the house my dad designed and built himself. Its no mansion. But it is in an expensive area. And theres a lot of farm land. Why should the government get it?

The name Death Tax is a lot like the name life insurance, both are not what they sound like. Your life insurance does not keep you alive. And, if you don’t tax the rich dead person, then you have to tax the poor living person.