{"id":348,"date":"2012-06-05T17:08:40","date_gmt":"2012-06-05T21:08:40","guid":{"rendered":"http:\/\/www.logikalsolutions.com\/wordpress\/?p=348"},"modified":"2024-01-25T10:48:55","modified_gmt":"2024-01-25T16:48:55","slug":"estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people","status":"publish","type":"post","link":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/","title":{"rendered":"Estate Tax – Just a Tax on Greedy Stupid Power Hungry People?"},"content":{"rendered":"

I am not an estate planner, financial advisor, or any other type of legal advice dispenser. These are simply my observations and you do with them what you will.<\/p>\n

Every couple of years we see big stories in the press about how the estate tax burden forces family businesses out of business when someone dies. People keep trying to \u201craise the tax free cap\u201d claiming most businesses do not have enough cash on hand to pay such a transfer tax. While portions of their statements might have some manufactured data to back them up, the reality is if the person running the business hadn\u2019t been such a power hungry control freak, they would have never been in that situation to begin with.<\/p>\n

Let\u2019s ask some questions and look at some realities.<\/p>\n

If the CEO of GM, IBM, or some other Fortunate 500 company eats one too many lobster dinners and dies of a heart attack, do the heirs of that CEO pay inheritance tax on the entire corporation or only on the assets actually in the name of the CEO?<\/p>\n

As Mr. Romney\u2019s finances have shown us, if you want to run a U.S. based corporation that never pays any U.S. income tax, you need to start an off-shore division in a country which has no corporate tax rate and preferably no extradition treaty with the United States. The U.S. division then \u201cloans\u201d massive amounts of money to an off-shore division which is nothing more than a post office box and an electronic bank account. Currently there are no rules in place stating the off-shore division ever has to repay the loan or make payments on it. Some corporations even \u201cforgive\u201d the loan almost as fast as it happens. This is how we end up with a trillion or more dollars waiting to come back<\/a> and corporations demanding it be taxed at a nearly non-existent rate.<\/p>\n

So, the correct answer seems rather clear. If you really want to pass on your farm or business, you need to have some form of closely or privately held corporation with bi-laws which either forbid selling shares outside of the family or requiring a unanimous vote of the officers to allow. Get authorized for as many shares as physically possible, but only hand out\/sell a few shares to each family member.<\/p>\n

closely held corp<\/a><\/p>\n

Delaware<\/a> seems to be a popular place with a lot of good advice.<\/p>\n

When someone dies and bequeaths their shares, it is up to the IRS to determine a share value. The more of your assets held in the name of the corporation instead of your name the better. The more authorized shares the better. If your corporation is authorized a million shares and the IRS determines it to be worth $10million dollars, the NAV (Net Asset Value) per share is $10.<\/p>\n

Talk to a financial planner and your heirs. I have personally met people who are worth millions, but own as little as a street vagrant. All that is in their name is the clothes on their back and a few pieces of jewelry. Their homes, contents of the homes, cars, other real-estate, stocks, bonds, etc., are all in the company name. When they die, a handful of shares pass from them to their children or other heirs.<\/p>\n

If you really<\/em> wanted to pass things on to your heirs, you would already have talked with an estate planner and put some kind of corporation in place and what congress does with the estate tax will be of little concern to you.<\/p>\n

What if your company suddenly has assets over $100Million due to land or some other price skyrocketing? Get authorized for more shares.<\/p>\n

I personally hold shares in a pink sheet company that has near zero tangible assets and a lot of debt. They are \u201cauthorized\u201d for 300 million shares. The only thing they really do have is the rights to some patents that may one day be worth money when they sue someone like Google for patent infringement just like that little company who sued RIM and got $600million. Spread over 300 million shares an award like that would be worth at most $2\/share…assuming they weren\u2019t forced to pay off a few debts first. My brokerage account currently classifies these shares as worthless and charges my account a monthly fee for holding them. (I refused to let them be dumped. They were a long term lottery ticket when I bought them.) If I died today though, they would be a \u201cworthless\u201d asset transfered with my estate.<\/p>\n

My personal view is that only control freaks make their heirs pay estate taxes. If we all followed Mr. Romney\u2019s lead, the federal government would collect 1\/10th of what it currently does in boom year taxes because we would put all of our assets into corporations and bury all profits in our non-taxed off-shore divisions.<\/p>\n","protected":false},"excerpt":{"rendered":"

I am not an estate planner, financial advisor, or any other type of legal advice dispenser. These are simply my observations and you do with them what you will. Every couple of years we see big stories in the press about how the estate tax burden forces family businesses out of business when someone dies. People keep trying to \u201craise the tax free cap\u201d claiming most businesses do not have enough cash on hand to … Estate Tax – Just a Tax on Greedy Stupid Power Hungry People?<\/span>Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":6814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[789,784,790],"class_list":["post-348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-estate-tax","tag-mitt-romney","tag-off-shore-company","bnm-entry"],"yoast_head":"\nEstate Tax - Just a Tax on Greedy Stupid Power Hungry People? – Logikal Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Estate Tax - Just a Tax on Greedy Stupid Power Hungry People? – Logikal Blog\" \/>\n<meta property=\"og:description\" content=\"I am not an estate planner, financial advisor, or any other type of legal advice dispenser. These are simply my observations and you do with them what you will. Every couple of years we see big stories in the press about how the estate tax burden forces family businesses out of business when someone dies. People keep trying to \u201craise the tax free cap\u201d claiming most businesses do not have enough cash on hand to … Estate Tax – Just a Tax on Greedy Stupid Power Hungry People?Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/\" \/>\n<meta property=\"og:site_name\" content=\"Logikal Blog\" \/>\n<meta property=\"article:published_time\" content=\"2012-06-05T21:08:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-25T16:48:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.logikalsolutions.com\/wordpress\/wp-content\/uploads\/2012\/06\/czNmcy1wcml2YXRlL3Jhd3BpeGVsX2ltYWdlcy93ZWJzaXRlX2NvbnRlbnQvbHIvZnJuZXdfaG9tZV9mb3Jfc2FsZV8zLWltYWdlLWt5YmQzYTY1LmpwZw.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1300\" \/>\n\t<meta property=\"og:image:height\" content=\"950\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"seasoned_geek\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"seasoned_geek\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/\"},\"author\":{\"name\":\"seasoned_geek\",\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/#\\\/schema\\\/person\\\/c077f770ade13de7faaf616c3eac6842\"},\"headline\":\"Estate Tax – Just a Tax on Greedy Stupid Power Hungry People?\",\"datePublished\":\"2012-06-05T21:08:40+00:00\",\"dateModified\":\"2024-01-25T16:48:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/\"},\"wordCount\":831,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/#\\\/schema\\\/person\\\/c077f770ade13de7faaf616c3eac6842\"},\"image\":{\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/wp-content\\\/uploads\\\/2012\\\/06\\\/czNmcy1wcml2YXRlL3Jhd3BpeGVsX2ltYWdlcy93ZWJzaXRlX2NvbnRlbnQvbHIvZnJuZXdfaG9tZV9mb3Jfc2FsZV8zLWltYWdlLWt5YmQzYTY1LmpwZw.jpg\",\"keywords\":[\"estate tax\",\"Mitt Romney\",\"off-shore company\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/\",\"url\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/\",\"name\":\"Estate Tax - Just a Tax on Greedy Stupid Power Hungry People? – Logikal Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/wp-content\\\/uploads\\\/2012\\\/06\\\/czNmcy1wcml2YXRlL3Jhd3BpeGVsX2ltYWdlcy93ZWJzaXRlX2NvbnRlbnQvbHIvZnJuZXdfaG9tZV9mb3Jfc2FsZV8zLWltYWdlLWt5YmQzYTY1LmpwZw.jpg\",\"datePublished\":\"2012-06-05T21:08:40+00:00\",\"dateModified\":\"2024-01-25T16:48:55+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/wp-content\\\/uploads\\\/2012\\\/06\\\/czNmcy1wcml2YXRlL3Jhd3BpeGVsX2ltYWdlcy93ZWJzaXRlX2NvbnRlbnQvbHIvZnJuZXdfaG9tZV9mb3Jfc2FsZV8zLWltYWdlLWt5YmQzYTY1LmpwZw.jpg\",\"contentUrl\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/wp-content\\\/uploads\\\/2012\\\/06\\\/czNmcy1wcml2YXRlL3Jhd3BpeGVsX2ltYWdlcy93ZWJzaXRlX2NvbnRlbnQvbHIvZnJuZXdfaG9tZV9mb3Jfc2FsZV8zLWltYWdlLWt5YmQzYTY1LmpwZw.jpg\",\"width\":1300,\"height\":950,\"caption\":\"Real estate & house image\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/investing\\\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Estate Tax – Just a Tax on Greedy Stupid Power Hungry People?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/#website\",\"url\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/\",\"name\":\"Logikal Blog\",\"description\":\"For people with attention spans longer than a Tweet\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/#\\\/schema\\\/person\\\/c077f770ade13de7faaf616c3eac6842\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/#\\\/schema\\\/person\\\/c077f770ade13de7faaf616c3eac6842\",\"name\":\"seasoned_geek\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ae9adac14079d84b909e635d7af986fe4568053af4fd9ff8d4109298c392493e?s=96&d=mm&r=r\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ae9adac14079d84b909e635d7af986fe4568053af4fd9ff8d4109298c392493e?s=96&d=mm&r=r\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ae9adac14079d84b909e635d7af986fe4568053af4fd9ff8d4109298c392493e?s=96&d=mm&r=r\",\"caption\":\"seasoned_geek\"},\"logo\":{\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ae9adac14079d84b909e635d7af986fe4568053af4fd9ff8d4109298c392493e?s=96&d=mm&r=r\"},\"description\":\"Roland Hughes started his IT career in the early 1980s. He quickly became a consultant and president of Logikal Solutions, a software consulting firm specializing in OpenVMS application and C++\\\/Qt touchscreen\\\/embedded Linux development. Early in his career he became involved in what is now called cross platform development. Given the dearth of useful books on the subject he ventured into the world of professional author in 1995 writing the first of the \\\"Zinc It!\\\" book series for John Gordon Burke Publisher, Inc. A decade later he released a massive (nearly 800 pages) tome \\\"The Minimum You Need to Know to Be an OpenVMS Application Developer\\\" which tried to encapsulate the essential skills gained over what was nearly a 20 year career at that point. From there \\\"The Minimum You Need to Know\\\" book series was born. Three years later he wrote his first novel \\\"Infinite Exposure\\\" which got much notice from people involved in the banking and financial security worlds. Some of the attacks predicted in that book have since come to pass. While it was not originally intended to be a trilogy, it became the first book of \\\"The Earth That Was\\\" trilogy: Infinite Exposure Lesedi - The Greatest Lie Ever Told John Smith - Last Known Survivor of the Microsoft Wars When he is not consulting Roland Hughes posts about technology and sometimes politics on his blog. He also has regularly scheduled Sunday posts appearing on the Interesting Authors blog.\",\"sameAs\":[\"https:\\\/\\\/theminimumyouneedtoknow.com\"],\"url\":\"https:\\\/\\\/www.logikalsolutions.com\\\/wordpress\\\/author\\\/seasoned_geek\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Estate Tax - Just a Tax on Greedy Stupid Power Hungry People? – Logikal Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/","og_locale":"en_US","og_type":"article","og_title":"Estate Tax - Just a Tax on Greedy Stupid Power Hungry People? – Logikal Blog","og_description":"I am not an estate planner, financial advisor, or any other type of legal advice dispenser. These are simply my observations and you do with them what you will. Every couple of years we see big stories in the press about how the estate tax burden forces family businesses out of business when someone dies. People keep trying to \u201craise the tax free cap\u201d claiming most businesses do not have enough cash on hand to … Estate Tax – Just a Tax on Greedy Stupid Power Hungry People?Read more","og_url":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/","og_site_name":"Logikal Blog","article_published_time":"2012-06-05T21:08:40+00:00","article_modified_time":"2024-01-25T16:48:55+00:00","og_image":[{"width":1300,"height":950,"url":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-content\/uploads\/2012\/06\/czNmcy1wcml2YXRlL3Jhd3BpeGVsX2ltYWdlcy93ZWJzaXRlX2NvbnRlbnQvbHIvZnJuZXdfaG9tZV9mb3Jfc2FsZV8zLWltYWdlLWt5YmQzYTY1LmpwZw.jpg","type":"image\/jpeg"}],"author":"seasoned_geek","twitter_card":"summary_large_image","twitter_misc":{"Written by":"seasoned_geek","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/#article","isPartOf":{"@id":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/"},"author":{"name":"seasoned_geek","@id":"https:\/\/www.logikalsolutions.com\/wordpress\/#\/schema\/person\/c077f770ade13de7faaf616c3eac6842"},"headline":"Estate Tax – Just a Tax on Greedy Stupid Power Hungry People?","datePublished":"2012-06-05T21:08:40+00:00","dateModified":"2024-01-25T16:48:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/"},"wordCount":831,"commentCount":0,"publisher":{"@id":"https:\/\/www.logikalsolutions.com\/wordpress\/#\/schema\/person\/c077f770ade13de7faaf616c3eac6842"},"image":{"@id":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/#primaryimage"},"thumbnailUrl":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-content\/uploads\/2012\/06\/czNmcy1wcml2YXRlL3Jhd3BpeGVsX2ltYWdlcy93ZWJzaXRlX2NvbnRlbnQvbHIvZnJuZXdfaG9tZV9mb3Jfc2FsZV8zLWltYWdlLWt5YmQzYTY1LmpwZw.jpg","keywords":["estate tax","Mitt Romney","off-shore company"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/","url":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/","name":"Estate Tax - Just a Tax on Greedy Stupid Power Hungry People? – Logikal Blog","isPartOf":{"@id":"https:\/\/www.logikalsolutions.com\/wordpress\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/#primaryimage"},"image":{"@id":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/#primaryimage"},"thumbnailUrl":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-content\/uploads\/2012\/06\/czNmcy1wcml2YXRlL3Jhd3BpeGVsX2ltYWdlcy93ZWJzaXRlX2NvbnRlbnQvbHIvZnJuZXdfaG9tZV9mb3Jfc2FsZV8zLWltYWdlLWt5YmQzYTY1LmpwZw.jpg","datePublished":"2012-06-05T21:08:40+00:00","dateModified":"2024-01-25T16:48:55+00:00","breadcrumb":{"@id":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/#primaryimage","url":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-content\/uploads\/2012\/06\/czNmcy1wcml2YXRlL3Jhd3BpeGVsX2ltYWdlcy93ZWJzaXRlX2NvbnRlbnQvbHIvZnJuZXdfaG9tZV9mb3Jfc2FsZV8zLWltYWdlLWt5YmQzYTY1LmpwZw.jpg","contentUrl":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-content\/uploads\/2012\/06\/czNmcy1wcml2YXRlL3Jhd3BpeGVsX2ltYWdlcy93ZWJzaXRlX2NvbnRlbnQvbHIvZnJuZXdfaG9tZV9mb3Jfc2FsZV8zLWltYWdlLWt5YmQzYTY1LmpwZw.jpg","width":1300,"height":950,"caption":"Real estate & house image"},{"@type":"BreadcrumbList","@id":"https:\/\/www.logikalsolutions.com\/wordpress\/investing\/estate-tax-just-a-tax-on-greedy-stupid-power-hungry-people\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.logikalsolutions.com\/wordpress\/"},{"@type":"ListItem","position":2,"name":"Estate Tax – Just a Tax on Greedy Stupid Power Hungry People?"}]},{"@type":"WebSite","@id":"https:\/\/www.logikalsolutions.com\/wordpress\/#website","url":"https:\/\/www.logikalsolutions.com\/wordpress\/","name":"Logikal Blog","description":"For people with attention spans longer than a Tweet","publisher":{"@id":"https:\/\/www.logikalsolutions.com\/wordpress\/#\/schema\/person\/c077f770ade13de7faaf616c3eac6842"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.logikalsolutions.com\/wordpress\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"https:\/\/www.logikalsolutions.com\/wordpress\/#\/schema\/person\/c077f770ade13de7faaf616c3eac6842","name":"seasoned_geek","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ae9adac14079d84b909e635d7af986fe4568053af4fd9ff8d4109298c392493e?s=96&d=mm&r=r","url":"https:\/\/secure.gravatar.com\/avatar\/ae9adac14079d84b909e635d7af986fe4568053af4fd9ff8d4109298c392493e?s=96&d=mm&r=r","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ae9adac14079d84b909e635d7af986fe4568053af4fd9ff8d4109298c392493e?s=96&d=mm&r=r","caption":"seasoned_geek"},"logo":{"@id":"https:\/\/secure.gravatar.com\/avatar\/ae9adac14079d84b909e635d7af986fe4568053af4fd9ff8d4109298c392493e?s=96&d=mm&r=r"},"description":"Roland Hughes started his IT career in the early 1980s. He quickly became a consultant and president of Logikal Solutions, a software consulting firm specializing in OpenVMS application and C++\/Qt touchscreen\/embedded Linux development. Early in his career he became involved in what is now called cross platform development. Given the dearth of useful books on the subject he ventured into the world of professional author in 1995 writing the first of the \"Zinc It!\" book series for John Gordon Burke Publisher, Inc. A decade later he released a massive (nearly 800 pages) tome \"The Minimum You Need to Know to Be an OpenVMS Application Developer\" which tried to encapsulate the essential skills gained over what was nearly a 20 year career at that point. From there \"The Minimum You Need to Know\" book series was born. Three years later he wrote his first novel \"Infinite Exposure\" which got much notice from people involved in the banking and financial security worlds. Some of the attacks predicted in that book have since come to pass. While it was not originally intended to be a trilogy, it became the first book of \"The Earth That Was\" trilogy: Infinite Exposure Lesedi - The Greatest Lie Ever Told John Smith - Last Known Survivor of the Microsoft Wars When he is not consulting Roland Hughes posts about technology and sometimes politics on his blog. He also has regularly scheduled Sunday posts appearing on the Interesting Authors blog.","sameAs":["https:\/\/theminimumyouneedtoknow.com"],"url":"https:\/\/www.logikalsolutions.com\/wordpress\/author\/seasoned_geek\/"}]}},"_links":{"self":[{"href":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-json\/wp\/v2\/posts\/348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-json\/wp\/v2\/comments?post=348"}],"version-history":[{"count":0,"href":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-json\/wp\/v2\/posts\/348\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-json\/wp\/v2\/media\/6814"}],"wp:attachment":[{"href":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-json\/wp\/v2\/media?parent=348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-json\/wp\/v2\/categories?post=348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.logikalsolutions.com\/wordpress\/wp-json\/wp\/v2\/tags?post=348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}