Birdwatch Note Rating
2024-04-24 09:42:02 UTC - NOT_HELPFUL
Rated by Participant: CCC5EE241163258ACE1C812D00C22D7F58E8E7409B2D94309F28FA4BC2F4E6E9
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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