In his letter, Oct. 18, Peter Sawyer suggested taxing political donations. Wish I had thought of that. If we, the people, have to pay gift taxes, why don’t politicians?
Oh. Silly me. Politicians enact those tax laws.
Alita Prada, Bethel
In his letter, Oct. 18, Peter Sawyer suggested taxing political donations. Wish I had thought of that. If we, the people, have to pay gift taxes, why don’t politicians?
Oh. Silly me. Politicians enact those tax laws.
Alita Prada, Bethel
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Silly you.
The giver pays a gift tax, not the receiver - and it doesn't kick in until well into seven figures. At the federal level - Maine's MRS hand enters your shirt and squeezes at a somewhat lower threshold.
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