Should they remove the estate tax or the death tax?

[Gatordash]

Originally Posted by icedwards [You must be logged in to view images. Log in or Register.]

$7.15 million with your numbers ($27,600 invested annually, 8% return). The historical average annual return for the S&P500 is 7%, so let's not pretend that last years gains are sustainable over a 40 year time frame.

Back to my original point, none of y'all will ever be effected by the estate tax.

(edit: $5.51 million NFA at 7% annual return FYI)

Google has it at 8% thru 2018 so it doesn't include the past year. But if this hypothetical situation were to start today then yeah they probably would make fuck all for the next decade with Trump/Biden trying to pass it along to the next. Also I need help in wealth management so let me know if you have any recommendations in Las Vegas.