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BrokenR1

Tax the Rich!!!

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Estate tax is probably the most criminal of all taxes.



you forget that those who inherit the money haven't earned it :)

and what does that have to do with anything? Or are you jealous that someone else might have/get something you don't/won't?

Me I have no chance of inheriting anything as my family has enough but not much extra so my reasons have nothing to do with whether or not I'm expecting anything.

So please explain your logic as to why you find it fair to steal from dead people and their heir's?

MAKE EVERY DAY COUNT
Life is Short and we never know how long we are going to have. We must live life to the fullest EVERY DAY. Everything we do should have a greater purpose.

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Estate tax is probably the most criminal of all taxes.



you forget that those who inherit the money haven't earned it :)


another one of your absolute statements that is easily disproved.


hohum...
stay away from moving propellers - they bite
blue skies from thai sky adventures
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>so the bankers prey on 'stupid' people . . .

Yep. So do the poor, when they can. (Remember, you said there's no difference between them, other than one has a lot of money.)



the bankers have made a profession out of it - and when their victims can't pay rather than going bankrupt (as tens of thousands of the poor have had to) they get us to bail them out. i suppose that makes us 'stupid' too from a bankers viewpoint...
stay away from moving propellers - they bite
blue skies from thai sky adventures
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so the bankers prey on 'stupid' people



Yes banks do prey on stupid people.

I had a bank call me up the other day wanting me to sign up for one of their latest schemes. They wanted me to sign up for a service that would allow me access to all sorts of convenience services for home owners. Example: if I have plumbing problems in my home, no need to pick up the yellow pages and call a plumber because my bank will send me one of their plumbers instead. It was this massive set of services the bank wanted to give me for a monthly fee. I simply told them "No thanks, I don't need your help running my home" and hung up.

Banks are always looking for new ways to make money and it's up to the individual consumer to decide if they want to pay for these services banks are offering. If people are too stupid to see they are being exploited by the banks, they are just too stupid. You can't legislate people from not being stupid.


Try not to worry about the things you have no control over

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So please explain your logic as to why you find it fair to steal from dead people and their heir's?



you seem to equate all tax as theft (very anarchist) so going along with this - is it not better to steal of a dead person (they're not going to miss anything) than a live one?

as for the heirs they haven't earned that money so why should they get welfare from beyond the grave - ghoulish...

don't you prefer people to work and earn their money - i thought you did.
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If people are too stupid to see they are being exploited by the banks, they are just too stupid.



like the average citizen who now has to pay for the banks bailout (and recession and quantitative easing)...
stay away from moving propellers - they bite
blue skies from thai sky adventures
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like the average citizen who now has to pay for the banks bailout



My banks weren't bailed out. I am not paying for any bank bailouts. In fact my retirement mutual funds benefit whenever the banks (or other industry the funds are invested in) turn a profit.


Try not to worry about the things you have no control over

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So please explain your logic as to why you find it fair to steal from dead people and their heir's?



you seem to equate all tax as theft (very anarchist) so going along with this - is it not better to steal of a dead person (they're not going to miss anything) than a live one?

as for the heirs they haven't earned that money so why should they get welfare from beyond the grave - ghoulish...

don't you prefer people to work and earn their money - i thought you did.



and when I have earned it is my my CHOICE as to what to do with it as I am the one that EARNED IT.

Calling an inheritance welfare isn't even close in proximity..

As for any tax being theft. Nope I pay a lot of tax A LOT! We put over 60k miles on our vehicles a year. So thats a lot of federal and state tax that is supposed to go to roads. We are small business owners so we pay a lot of tax there. We are home owners so we pay a lot of tax there. We eat out a lot as we are very busy people and are not home as often as most so we pay a lot of tax there. We travel a lot so we pay a lot there..I have no issue with any "fair use" tax. Non at all as I appreciate the return we receive.

I do 100% believe the estate tax is theft, plain and simple.

MAKE EVERY DAY COUNT
Life is Short and we never know how long we are going to have. We must live life to the fullest EVERY DAY. Everything we do should have a greater purpose.

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>and when their victims can't pay rather than going bankrupt (as tens of
>thousands of the poor have had to) they get us to bail them out.

Yep. And when stupid homeowners can't honor their promises because of their foolish decisions, we often bail them out, too.

>i suppose that makes us 'stupid' too from a bankers viewpoint...

And from a homeowner's viewpoint.

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I know better than to ask....and most likely he won't answer BUT "dreamdancer" just how MUCH as a % of income should the rich pay.

We will define "rich" as someone that makes $500,000 a year.

It's a simple question. 40% ($200,0000)
50% ($250,000) 60% ($300,000)



Your reply:
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i think the rich should pay a decent estate tax - then they can earn as much as they want but they can't take it with them...



So your answer to my question is to bring up a "decent estate tax" are you in fact agreeing that the "rich" already pay a fair amount of income tax?

Or are you incapable of answering a simple question?
Kevin Keenan is my hero, a double FUP, he does so much with so little

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I know better than to ask....and most likely he won't answer BUT "dreamdancer" just how MUCH as a % of income should the rich pay.

We will define "rich" as someone that makes $500,000 a year.

It's a simple question. 40% ($200,0000)
50% ($250,000) 60% ($300,000)



Your reply:
Quote


i think the rich should pay a decent estate tax - then they can earn as much as they want but they can't take it with them...



So your answer to my question is to bring up a "decent estate tax" are you in fact agreeing that the "rich" already pay a fair amount of income tax?

Or are you incapable of answering a simple question?



i'm not too fussed about income tax. it needs to be increased but the super rich don't get much income - they get capital gains and plenty of inheritance and those offshore bank accounts all of which should be taxed more. do you think estate tax should be raised - or not?
stay away from moving propellers - they bite
blue skies from thai sky adventures
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Estate tax is probably the most criminal of all taxes.



you forget that those who inherit the money haven't earned it :)


another one of your absolute statements that is easily disproved.


hohum...


We have people in this forum who contribute sweat equity to their parents' estate. Millions more take care of their parents in their declining health. WTF are you to say they didn't earn it?

And I'm still waiting for you to tell us what promises were made and broken by the rich. Or are you admitting this is another 'fact' you pulled out of your ass?

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If people are too stupid to see they are being exploited by the banks, they are just too stupid.



like the average citizen who now has to pay for the banks bailout (and recession and quantitative easing)...



I thought you finally admitted the bank bailout didn't cost anything. So now you're trying to group it a non specific cost of QE and the recession? Stop recycling the same bullshit.

The average citizen doesn't pay income taxes, so they're not paying for anything at this point in time. The average citizen did get a $600 tax rebate the past two years, that was paid by the taxpayers. They also enjoy a poorly thought out reduction in FICA taxes this year, though that benefit is enjoyed by all income earners.

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Estate tax is probably the most criminal of all taxes.



you forget that those who inherit the money haven't earned it :)


another one of your absolute statements that is easily disproved.


hohum...


We have people in this forum who contribute sweat equity to their parents' estate.


like who? more likely they're taking from their parents estate...

(after all they're going to inherit one day why not get a bit now)
stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

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Millions more take care of their parents in their declining health.



as they should. or are you saying that they only do it for the money?
stay away from moving propellers - they bite
blue skies from thai sky adventures
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If people are too stupid to see they are being exploited by the banks, they are just too stupid.



like the average citizen who now has to pay for the banks bailout (and recession and quantitative easing)...



I thought you finally admitted the bank bailout didn't cost anything.



now you're making things up. did the great recession just pass you by?
stay away from moving propellers - they bite
blue skies from thai sky adventures
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Millions more take care of their parents in their declining health.



as they should. or are you saying that they only do it for the money?



we're talking about your obviously false statement that heirs do nothing to earn their inheritance. Not whether or not they should be doing things to earn their inheritance. If that's the debate, then you've already acknowledged yet another lie you've made.

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so the gates kids (as an example) are going to look after their parents in their declining health - i think not. and they've earnt all their millions you say. remember we're talking about the rich here - and more precisely the super rich. it's mainly those who aren't going to get much of an inheritance who look after their parents in their old age as their parents can't afford the cost of employing carers.
stay away from moving propellers - they bite
blue skies from thai sky adventures
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i'm not too fussed about income tax. it needs to be increased but the super rich don't get much income - they get capital gains and plenty of inheritance and those offshore bank accounts all of which should be taxed more. do you think estate tax should be raised - or not?



The "super rich" are WHO? Kallend says 10 million, what do you say?

No I do not believe the estate tax should be raised. I ALREADY PAID my tax on my estate...why in Gods name should they tax it AGAIN after I pass?

How about we raise the estate tax 10% BUT we tax everyone who isn't paying any income taxes at least 2%...run the numbers on that (if you can) and see what raises more money.
Kevin Keenan is my hero, a double FUP, he does so much with so little

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How about we raise the estate tax 10%.



how about raise it to 90% of anything over a couple of million (so still plenty for the children of the rich to get on with).
stay away from moving propellers - they bite
blue skies from thai sky adventures
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so the gates kids (as an example) are going to look after their parents in their declining health - i think not. and they've earnt all their millions you say. remember we're talking about the rich here - and more precisely the super rich. it's mainly those who aren't going to get much of an inheritance who look after their parents in their old age as their parents can't afford the cost of employing carers.



again, to keep you on task - your statement is that they did NOTHING to earn their inheritance. Now again, you seem to want to argue if they did enough, again disproving your own core argument.

You never did debate in your school years, did you?

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so the gates kids (as an example) are going to look after their parents in their declining health - i think not. and they've earnt all their millions you say. remember we're talking about the rich here - and more precisely the super rich. it's mainly those who aren't going to get much of an inheritance who look after their parents in their old age as their parents can't afford the cost of employing carers.



again, to keep you on task - your statement is that they did NOTHING to earn their inheritance.



i'd say for the rich this is a true statement. now where are the people on this forum who you say are looking after their parents in their old age. let's examine these cases shall we?
stay away from moving propellers - they bite
blue skies from thai sky adventures
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how about raise it to 90%



Simply amazing how much power you want to give to government to seize private assets from society. How many generations do you think it will take before you succeed in taking everything away from private citizens. You have taken this thread from a "The rich don't pay enough taxes" (which has been proven wrong), to "The rich must be destroyed" with your desire to implement a 90% inheritance tax. You won't come out and say it, but we all know you are a Communist.

I have a friend who grew up in Bulgaria while the Communists still ruled that country. When asked "Would you like to go back to living under the old system where government had complete control over your life", the answer is a resounding "Hell No". You may like the idea where everyone is equal in your classless society. But for the people who actually lived under such a society, they do NOT want to go back.

Once again, in case you missed it. Yesterday the people of Spain rejected socialism. When Spain rejects socialism, you know something is up. I am sure you will find happiness in North Korea though where everyone is equal. Equally screwed.


Try not to worry about the things you have no control over

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