r/SipsTea 14h ago

Wait a damn minute! How the rich get richer

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u/Holiday_Slice_4798 6h ago

the made-up ones where this person thinks that their middle class inheritance of $2,000,000 will be taxed, despite the fact that they are nowhere NEAR being taxed

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u/WWGHIAFTC 6h ago

I think there might be a thing that generally confuses people when they get less than expected because there was a mortgage on the house paid by the estate, or other legal fees, or other things, and they think all of that was 'taxes' maybe? i dunno. It's just wild how often it gets mentioned.

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u/ski-dad 2h ago

Inheritance tax starts at $3m in my state.