"I had to explain to a woman in the grocery store that the estate tax . . .

[Karin]

Cindie, too funny!      H5.  The jumping cop was a nice touch, and you included the So.  Should have used quotation marks to indicate the verbatim conservation, though.   

[Zeus]

Hmmm...how much is a million, DUmmies?

A decent house, a life insurance policy, and a semi-decent 401(k).  Those alone will put you into the million dollar range quite easily.

This is the level at which you want to tax 55 percent.

Insurance proceeds are nontaxable and as such not part of estate calculations. Also any encumberances against land, buildings and equipment are deducted from market value before the death tax is calculated. That being what it is many small businesses invarably end up being liquidated so as to get the proceeds to pay the death taxes

[AllosaursRus]

Insurance proceeds are nontaxable and as such not part of estate calculations. Also any encumberances against land, buildings and equipment are deducted from market value before the death tax is calculated. That being what it is many small businesses invarably end up being liquidated so as to get the proceeds to pay the death taxes

Rush brought up the fact that when the owner of the Baltimore Orioles died, his kids had to sell the team in order to pay the tax! It's not just "small" business!

[Wineslob]

H5 Delilia for sneaking in "breast".     

[Boudicca]

Hi 5!!!!!!!!!!!

 

I gave you one as well, Cindie.  The cop touch was particularly well thought out.

Whatever else our moles are up to on DUmmie Island, they can't be engaging in many bouncy tales.  Our folks write much better ones, even in sarcastic mode.