{"id":1700,"date":"2025-04-04T11:15:26","date_gmt":"2025-04-04T17:15:26","guid":{"rendered":"https:\/\/stardel.com\/eg\/?p=1700"},"modified":"2025-04-04T11:22:47","modified_gmt":"2025-04-04T17:22:47","slug":"revisiting-the-estate-tax","status":"publish","type":"post","link":"https:\/\/stardel.com\/eg\/2025\/04\/revisiting-the-estate-tax\/","title":{"rendered":"Revisiting the Estate Tax"},"content":{"rendered":"\n<p><a href=\"https:\/\/dqydj.com\/net-worth-percentiles\/\">Today the median household net worth (mhnw) is about $192 K. The average, or mean,<\/a> <a href=\"https:\/\/dqydj.com\/net-worth-percentiles\/\">household net worth (ahnw) is about $1500 K.<\/a><\/p>\n\n\n\n<p>I have been leery of a wealth tax, since most peoples &#8220;wealth&#8221; is dependent on what others &#8220;say&#8221; they will pay for a property, if it were for sale. It is unrealized gains. But, once you die, your gains can be realized. This is when the taxes should kick in. <\/p>\n\n\n\n<p>Using the mhnw as a baseline, when you die your estate can distribute up to 100 times the mhnw tax-free. In our example above, the first $19.2 M  is estate tax-free. From 100 mnhw to 1000 mnhw, your estate is taxed at 50% and beyond 1000 mnhw your estate is taxed at 90%.<\/p>\n\n\n\n<p>So, someone leaving an estate of $10 M will not have any estate taxes. Someone with an estate of $29.2 will have $5 M in estate taxes, leaving the heirs $24.2 M to divvy up, And the heirs of an estate of one Billion Dollars will have a $813.6 M estate tax bill.  They earned it!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today the median household net worth (mhnw) is about $192 K. The average, or mean, household net worth (ahnw) is about $1500 K. I have been leery of a wealth tax, since most peoples &#8220;wealth&#8221; is dependent on what others &#8220;say&#8221; they will pay for a property, if it were for sale. It is unrealized &hellip; <a href=\"https:\/\/stardel.com\/eg\/2025\/04\/revisiting-the-estate-tax\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Revisiting the Estate Tax<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4,9,12],"tags":[],"class_list":["post-1700","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberating-thoughts","category-politics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4NpF-rq","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/1700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/comments?post=1700"}],"version-history":[{"count":3,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/1700\/revisions"}],"predecessor-version":[{"id":1703,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/1700\/revisions\/1703"}],"wp:attachment":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/media?parent=1700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/categories?post=1700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/tags?post=1700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}