I’m working on a post regarding Obama’s proposed budget, tax credits and the State of the Union. I’d love some additional input so I was thinking of doing a series of point/counterpoint posts on the following specific issues:
- Extending the Bush tax cuts
- Tax credit for small businesses
- Expansion of child tax credit
- Bank fee/tax
If you’re interested in writing a guest post on one of those topics, send an email to guest (at) taxgirl (dot) com with “Guest Post” in the subject line. I have a fairly aggressive spam filter so please use that specific subject line – I don’t want your email to get misplaced!
Include your name, the topic you’re interested in and whether you’d consider yourself “conservative” or “liberal” with respect to the topic (I’d like to be as balanced as possible). Please include one sentence about yourself that explains why you’re interested in doing the guest post. You don’t have to be a professor, lawyer or tax pro to participate! I’d love to hear from folks from all walks of life.
I can’t choose everyone (cause then what would I write?) but I’m going to try to be as inclusive as possible. If you’re selected, I’ll send you a note with the specifics. Posts will run around 500 words, give or take a few hundred.
Excited? Interested? Good. I am.
I’m still waiting for the Self Employment tax to become a little less regressive.
Dont forget that ALL PROPERTY including a home, jewlery, personal goods, are included in an Estate. Do you want to be taxed on your family home if and when you inherit it? This is my understanding: that the Bush Estate Tax cuts helped middle class people the most. The pre-bush Estate tax taxed Estates over $600,000. The Bush tax cuts made exempt from taxes Estates under one million, but even under the Bush tax cuts Estates over one million are taxed. Therefore, if the Bush Estate tax cuts are not reinstated, and if you are a working class person who inherits your family home and property (jewlery, bonds, etc) that is worth over $600,000, you will have to come up with at least $300,000 to pay the taxes on this, which means you will probably have to sell the family home, just to come up with the money for the IRS. Therefore, as I understand it, the Bush Estate Tax exemptions are not for “bazzillonares” as the earlier poster said, but regular joes whose parents saved hard for an under one-million dollar nest egg but died before they could spend it.