Birdwatch Note Rating
2024-04-24 09:00:34 UTC - HELPFUL
Rated by Participant: 036A33ECF0FF7A9FB4218954BA3A112B36634EF794AAAC9ECB3E2D951A041939
Participant Details
Original Note:
NNN. While there is no federal "inheritance tax" in the US, there is a federal "estate tax" assessed. Sam is generally correct that between 18%-40% of a large estate is confiscated by the US govt following the death of a wealthy individual. https://www.irs.gov/businesses/small-businesses-self-employed/estate-tax
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