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J Kaufman	Post subject: Today's tax-planning advice Posted: Fri Dec 28, 2012 9:27 am
Joined: Mon Nov 14, 2005 3:47 pm Posts: 4655 Location: New York City	If you haven't pushed a pillow into Daddy Warbucks' face yet, says CNBC, why then tick-tock, tick-tock. ... Will 'Fiscal Cliff' Accelerate Millionaire Deaths? Quote: Because the "fiscal cliff" will not stop for death, it looks as if death's carriage may make a "kindly" stop to pick up some American millionaires this year, to paraphrase Emily Dickinson. *** It may seem incredible to contemplate pulling the plug on grandma to save tax dollars. While we know that investors will sell stocks to avoid rising capital gains taxes, accelerating the death of a loved one seems at least a bit morbid—perhaps even evil. Will people really make life and death decisions based on taxes? Do we don our green eye shades when it comes to something this serious? There is good evidence that there is some "elasticity" in the timing of important decisions about life and death.
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