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gift tax

These people with all the money can give out as much money as they want but once they give a gift over 10,000 dollars then they pay taxon it. This law that was adopted in 1932 wasestablished to protect the people from greed and I feelthat it is doing a very good job. Professional athletesare writing huge checks to non - prophit organizationsall the time for tax write offs and they receive aplaque for their contribution to the community. I feelthat this is a good worth while tax. ...

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