because nothing is cut and dry.

Thursday, July 18, 2013

taxes and gay marriage

Chew on this:
Taxes and gay marriage - did you know that Edie Winsor, the face of the recent DOMA case, inherited over $3.5 million from her deceased partner? And that because of DOMA is being struck down, she won't have to pay taxes on it (because it is seamlessly considered hers via a recognized marriage).
I think rich gays should be really highly taxed on wealth transfers! Read on...
"The US v. Windsor case rests upon the fact that Edith Windsor had to pay $363,053 as taxes on her partner’s estate. While this is indeed a large sum...[Windsor] inherited an estate of over $3.5 million. In other words, she was asked to pay 10% of a massive estate, on which she can live quite comfortably for the rest of her life."
http://dot429.com/articles/2027-hrc-and-the-illusion-of-a-grassroots-movement

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