FIN 420 Wk 5 Discussion - Life’s Certainties: Death and Taxes

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FIN 420 Wk 5 Discussion - Life’s Certainties: Death and Taxes

You are encouraged to post early (once the week begins)!

This is the only discussion board in which to earn Participation Credit for Week 5.

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to the instructor or other students.

Respond to the following in a minimum of 175 words and maximum of 225 words.

• “In this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin
• Discuss only 1 of the following as indicated:
•  If your last name begins with A-K, respond to the following:
• While there are many different twists on the theme, practically speaking there are fundamentally only 4 targets on which a tax can be based. These are:
• (1) Income, (2) Consumption, (3) Asset Investment/Ownership, and (4) Wealth.
• Choosing one of these, give an example of an actual tax in our nation at the federal, state or local level and describe how it works.
• If your last name begins with L-Z, respond to the following:
• List elements of estate planning.

Reply to 2 posts made by other students or the instructor, in a minimum of 75 words and maximum of 150 words (each post). Be constructive and professional in your responses. 

Please use your replies to respond to additional questions I will post, to help broaden our discussion on this week’s topics. Just click on my name at the right to filter my posts, and choose any you would like to respond to.