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Essay Details:
Essay text:
I feel that this is a
good tax to have because it will keep greedy people from
transferring their money around to evade paying taxes on
it.
Gift tax is will make sure that all citizens pay
their fair amount of taxes which is decided by their
income. This tax is collected and responsible to the
donor. This person must file a gift - tax return with
the Internal Revenue Service. There are little ways to
extend the amount of a gift given but there is no way
around the tax that there is to be paid. One of the
tricks is to have a man and his wife donate because any
gift coming from a marriage can equal 20,000 dollars,
10,000 from the husband and 10,000 from the wife...
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