Archived posting to the Leica Users Group, 2008/04/09
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Good morning guys, Death & Taxes seems like about the most exhilarating subject to wake up to when yer getting toward the end of the pipeline as it is! :-) But then I refuse to go as there's too many things to photograph yet. And so far I've outlived many of the stupid political and bureaucrat figures in the country who've come up with these grave robbing tax laws and only solidifies my resolve not to go! I'm having too much fun playing "elderly photographer!" :-) ted -----Original Message----- From: lug-bounces+tedgrant=shaw.ca@leica-users.org [mailto:lug-bounces+tedgrant=shaw.ca@leica-users.org] On Behalf Of Sonny Carter Sent: Wednesday, April 09, 2008 4:55 AM To: Leica Users Group Subject: Re: [Leica] $1,609,000 for a Edward Weston Print >From Wikapedia: For a person dying during 2006, 2007, or 2008, the "applicable exclusion amount" is $2,000,000, so if the sum of the taxable estate plus the "adjusted taxable gifts" made during lifetime equals $2,000,000 or less, there is no federal estate tax to pay. On Wed, Apr 9, 2008 at 12:16 AM, Mark Rabiner <mark@rabinergroup.com> wrote: > > Absolutely. To get $1.6M today, invested at 6% and without those pesky > > income and death taxes, he would have had to have sold a print in 1930 > for > > about $18,000, a fortune then. Where is the time machine when you need > it? > > > > Ken > > > > > > But you'd have death taxes as you'd have to have killed yourself to do it. > > Death and taxes. > > > Mark William Rabiner > markrabiner.com > > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information > -- Regards, Sonny http://www.sonc.com Natchitoches, Louisiana USA Haikus are easy But sometimes they don't make sense Refrigerator _______________________________________________ Leica Users Group. See http://leica-users.org/mailman/listinfo/lug for more information -- No virus found in this incoming message. Checked by AVG. Version: 7.5.519 / Virus Database: 269.22.9/1365 - Release Date: 4/8/2008 7:30 AM