Re: Tariffs and bikes

On Sun, 06 Apr 2025 16:07:09 GMT, cyclintom <cyclintom@yahoo.com>
wrote:

On Fri Apr 4 17:59:08 2025 Jeff Liebermann  wrote:

On Fri, 04 Apr 2025 23:36:14 GMT, cyclintom <cyclintom@yahoo.com>
wrote:
 

In California add to the top rate another 12%. plus gas tax, plus salews tax,plus 50% inheretance tax, property taxes.

 
The California estate tax was reduced starting in 2001 and ended in
2005:
<https://www.sco.ca.gov/ardtax_estate_tax.html>
Since your mother died in 2019, you should have noticed that there was
no estate tax.
 
"Estate tax is paid by the estate on its net value, while inheritance
tax is paid by beneficiaries on what they receive, with estate taxes
going to the [federal] government and inheritance taxes to state
governments."
 
"Only six states currently impose inheritance taxes: Iowa, Kentucky,
Maryland, Nebraska, New Jersey, and Pennsylvania."
 
<https://www.actec.org/resources-for-wealth-planning-professionals/state-death-tax-chart/>
"Tax is tied to federal state death tax credit. CA  REV & TAX ??
13302; 13411. 
State Type of Tax: None.  
2025 State Death Tax Threshold: None
 

and more because all of the rich have left so the have to bleed the poor.

 
Tom, you claimed to have millions in investments.  Why are you still
living in California?
 
03/05/2025
<https://www.novabbs.com/tech/article-flat.php?id=121640&group=rec.bicycles.tech#121640>
"I GAVE $60,000 to my brothers... In order to protect my investments
from any possible recession I have moved from growth stocks into fuds
like Govertrnment bonds which pay low interest rates rather than
growth.  And I still have increased my investments to over $1.1
Million."

>
>
>
>
As is usual for Liebermann - "Welcome to the State Controller's Website
The page you requested is not found"

For me it says:

"California Estate Tax

The State Controller's Office, Tax Administration Section, administers
the Estate Tax, Inheritance Tax, and Gift Tax programs for the State
of California.

The Economic Growth and Tax Relief Reconciliation Act of 2001, phased
out the state death tax credit over a four (4) year period beginning
January 2002. Effective January 1, 2005, the state death tax credit
has been eliminated.
etc etc etc"

and the second link:

"
State Death Tax Chart

Revised April 7, 2024

This chart is maintained for the ACTEC website and is updated
regularly. Updates may be sent to ACTEC Fellow Stephen Murphy at
swmurphy@mcguirewoods.com.

Special Report: Changes in State Death Tax Exemptions from 2021 to
2024 by Stephen Murphy (April 7, 2024)

etcetc
"

Check you're not using a bogus anti-virus. I recommend
Kaspersky.
[]'s
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