Orange County Estate Planning Attorney

This is the End – 132 days away | July 31, 2010

This is the end,
EGTRRA,
my twisted little tax act,
the end.
The end of uncertainty and pain,
producing a year when estate attorneys
and accountants may once again earn.

EGTRRA you strange and bitter tax law
you are way past ripe, and into the rot,
ready from the tangled tree of our Federal Tax Code to drop.

This sunset certainly will make a lot of people richer – if you consider only people who are eligible to pay the estate tax to be rich; i.e. In 2009, a rich married couple would have $7,000,000.00. However, in 2011 a married couple will be rich at $2,000.000.00, opening wide the entrance to the ranks of the rich to tens of thousands, or maybe 100,000′s of people who last year were thought of as only marginally well off.

That is a truly red-bulls!!t economic tonic;
We add hundreds of thousands of rich people to our economy in one fell-inaction.
The newly minted rich will trickle down their wealth to the working folks on main street. The economy perks up and grows much faster,
because we all know when hundreds of thousands of people trickle out little streams of cash they unleash an economic flood. And remember a flood wrecks all boats, and homes and businesses too.

Oh, and if they would sunset the war on drugs some of that money might actually stay in country.

The above micro-farce is only a derivative-micro-farce made up of slivers of old and blurry macro-farces mashed together — Get it, a derivative, (a la TBS – Very Funny)

Also the California Pick up tax will be reinstated, a gray lining on a dark cloud.

Don’t rely on this as legal or tax advice, but if you want you can hire me and I will provide you with excellent legal service. Don’t use any of this information to avoid paying taxing penalties, publication 230 warning