<p>"You obviously have not studied the bill</p>
<p>The richest estates, including Paris Hiltons, would be taxed still"</p>
<p>And as I pointed out, if you’re a person of great wealth, you’ve already taken care of this problem many times and many ways over. The means have always been there. How is it Warren Buffet can pay a lesser percentage of his income than his office assistant? He has a good accountant.
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<p>Are you in this situation of wealth? You have not looked at the many already legal ways to shelter, pass on and move taxable wealth to minimize taxes on your estate. Heck, while no real millionaires (unless we die), we’ve minimized our estate tax liability through different trusts, gifts and other means. It isn’t that hard to do, nor is it expensive. </p>
<p>Please don’t imply there aren’t means inplace NOW to minimize taxes. No family farms can be lost, no business sold, no keepsakes put to auction, provided a little planning takes place. Will they still pay taxes? sure, but no where close to the entire estate if they plan ahead a bit. </p>
<p>I guess that’s the dirty little secret of this whole thing, if you plan ahead and take action your tax liability will be dramatically reduced. If you do nothing, you’ll pay for doing nothing. Isn’t this in the same vien as rewarding the poor with a higher minimum wage? Are we rewarding the rich for not planning? </p>
<p>As far as the minimum wage side, I live in a state that provides a greater amount than the feds call for. The people who also are tipped as part of their employment would actually receive a paycut with tips being factored in to be part of the minimum wage. Which is better… a kid going to school in AZ working at a nation chain diner for a $2.30 per hour base + tips or the same kid on summer break working here for $7.35 + tips? Where do you think he makes his money to spend in AZ? </p>
<p>One would also expect prices to be considerably lower for foodservice in AZ since labor costs are around $5 less. Guess what? no decernable difference in prices I as the consumer pay for my food in this national chain resturant.</p>