MOSTLY FALSE: Clinton is indeed calling for a 65% tax rate, but this ONLY applies to the LARGEST estates — those valued at MORE than $1 BILLION PER COUPLE. That would probably include very few, IF ANY, family farms.
This Chart Shows How the Federal Estate Exemption Has Changed Since 1997
The exemption from federal estate taxes has gradually increased over the years while the estate tax rate has gradually decreased. Here you will find a chart that shows the increases in the exemption and decreases in the tax rate from 1997 through 2015.
Busted! Clinton’s Avoided Federal Taxes in 2014, Created Shell Companies. illary Clinton is on record for a massive increase in the Estate Tax. It is no wonder then, that she has her personal estate and the Clinton Foundation well protected. Using tax shelters and shell companies, everything is as well protected as the upper 1% can afford. Never mind that this os the same sort of behavior that she has criticized Donald Trump for. I guess she is not into paying her fair share after all.
If you sell one of these assets – such as vehicles, stocks, bonds, collectibles, jewelry, precious metals, or real estate – and you sell it at a gain, you’ll pay a capital gain tax rate on some of the proceeds. Capital gain rates can be just as high as regular income taxes. Therefore, it’s worth exploring every possible strategy to keep these taxes at a minimum.