Inheritance Tax Structure News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And his sons who are getting about a million dollars a year in income they don't pay any taxes on that, because mom and dad pay the taxes for them. >> let me slow this down, i am already more than stunned by this. i want to dwell for a second on what we all think we're limited by, we all believe as you said, that we have this index -- the number changes a little bit over time, but it's now $13,000 that you can give -- a parent can give to one of their children without any taxation involved, that's how much you can give in one year. and the reason you can't give them $100 million in a year or a...

This is the scandal of the law, and how romney's positioned to take advantage of it, in the way that most people would not be. and he was able to pass this $100 million. and his sons who are getting about a million dollars a year in income they don't pay any taxes on that, because mom and dad pay the taxes for them. >> let me slow this down, i am already more than stunned by this. i want to dwell for a second on what we all think we're limited by, we all believe as you said, that we have this index -- the number changes a little bit over time, but it's now $13,000 that you can give -- a parent...