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Transcripts for CNN Piers Morgan Live 20130327 04:12:00

because the death tax is bad tax policy. you can ask yourself this question. what if instead of being a lesbian couple, the two women in question were elderly sisters who lived together, loved each other, had shared their lives together all their life, one passed away, the other one was hit with the inheritance tax. is there any reason why the lesbian couple would deserve the tax break and not the two sisters? i think this is evidence to my mind that what we can do to fix this is craft better tax policy, not redefine marriage. the problem is, however, right now, estate tax for most people aren t a problem because it s a $5 million estate tax exemption. so if that had happened now, we wouldn t be in that situation but how about health benefits, how about social security? you are dealing in an economic situation right now where it s like are they really going to recraft tax policy, do you really think that s possible, is that what you think is going to happen? i think these are secon

Transcripts for CNN Piers Morgan Live 20130327 04:06:00

this. it s a polarizing issue even though it s moving very fast as you know in the polls in favor of same sex marriage. but i just find it odd that you want a certain right for you, but you don t want to afford it to someone like suze. i want the right to marry to be for everyone. the question is what is marriage. i think that marriage is intrinsically, what it is is a union of a man and woman, husband and wife, mother and father. but i think all adults should be free to live and love as they choose. they can join a religious community and perform a wedding in all 50 states, this is legal. they can join a place of employment that will give them marriage benefits in all 50 states, that s legal. you don t necessarily need the government calling your adult relationship a marriage to live and to love how you want to. suze, i ve i was really silent. i was really silent there. what are you really feeling right now? because this is the debate laid bare. this is a guy sitting a few f

Transcripts for CNN Piers Morgan Live 20130327 04:42:00

the shame is. most people who claim bankruptcy once claim it twice. so if you are claiming bankruptcy, you have got to learn because if you get yourself into that situation again, if you go out and you rack up all this credit card debt and all this stuff again, and you have to claim bankruptcy again, then i say shame on you. well said. well said. let s go to another question here about cheryl sandberg. hi, suze. how are you? what do you think about the new book lean in ? i love it. me, too. i stayed up all night reading it. you were leaning in there. here s the thing. i was just here at cnn a few weeks ago and i heard her speak,

Transcripts for CNN Piers Morgan Live 20130327 04:32:00

i have believed forever that we should have a flat tax. i understand very well that there are tax incentives when you buy a piece of real estate and you get to write off the interest. i don t think that should be. i think there are people today that can t afford pieces of real estate and so if they have to rent, why should they be penalized because they re renting and they can t afford this and all this stuff. so i think everybody should be put in the same situation, flat tax, get rid of all these tax things, the irs, get rid of all of it. just do it, done. now a question on twitter here. this is from @stocks2000. how much savings and cash does an average 67-year-old widow need? ray pretty wide-ranging group of people would be affected by your answer. here s what s very sad about this question is that while it is true that everybody is benefiting who wants to buy real estate and do certain things by

Transcripts for CNN Piers Morgan Live 20130327 04:23:00

feels like. little by little. you can do $100 a month, $50 a month. there are mutual funds that will do that. excellent advice. let s take another question in the audience. i like this one. i like it because it s marital discord, really, over the situation in the property market. today we found out that house prices are rising in america but the number of house sales is falling. it shows that it s a rather confused market and you two are the perfect illustration of that confusion. tell me why. hi, suze. frank and i are married, we re both retired. we own a very large house and it s just the two of us, and we have a pretty significant mortgage on it. personally i hate seeing that money go every single month to pay this big mortgage. i would like to sell the house, get rid of the mortgage and enjoy my retirement more with money that goes to the mortgage my husband does not feel the same way. suze, piers, i want to keep the big house.

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