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I laugh my ass off daily at you left wing kooks who think raising the tax rates, affect people that have wealth, because you dont comprehend the difference between wealth and income..
Obama knew his supporters were ignorant about taxation and that ignorance is why his supporters will remain poor. Even if they do start to make higher income by voting for Obama they voted themselves a higher tax rate. Obama lovers actually believed Obama and think they got the rich. They are fools
Anyone who is complaining about how much pgh pays in taxes he is only doing what government encourages him to do. For people who can't afford to buy would you rather live on the street? Government doesn't want to be a landlord so it uses the tax code to encourage investment in real-estate to house people.
Its avoidable through tax exchanges, but thats not credits.. It simply delays the taxbills until down the road. Thats why most wealth is lost within generations..
It gets you 1014 treatment, but you cannot really avoid the estate tax through trusts that well that is what 2036 and 2038 are designed to prevent.
The estate tax is written for people who try every loophole in the book so the loophole part is pretty good, the problem is that it has been decimated by the credits, annual donee exclusion and creative valuation.
It gets you 1014 treatment, but you cannot really avoid the estate tax through trusts that well that is what 2036 and 2038 are designed to prevent.
If you have trusts, you simply change the trustees from the parents name, to the childrens, and the estate passes onto the children tax exempt since the trustees dont own the companies, they simply have jobs overseeing the management functions.
25% for combined state and federal taxes doesn't sound too steep by american standards
now if we could get all entities (individuals w/ capital gains, big corporations, poor people, etc) to pay at least 25% ... without loopholes ... we'd be on to something.
I am all for that, that would definitely help make the tax base grow. The Republicans try to say corporations are people, it is time to make them pay 25% in total taxes like the rest of us.
you aint going anywhere. you got it good now. if bernie sanders was president oh man you would be shaking.
Stop acting so jealous and like a typical Obama supporter. People who can't afford to buy a house should thank people who invest in real-estate otherwise they would be out on the street or in the government projects.
If you have trusts, you simply change the trustees from the parents name, to the childrens, and the estate passes onto the children tax exempt since the trustees dont own the companies, they simply have jobs overseeing the management functions.
A married couple with kids has the obligation of raising another living, breathing American citizen. That young life has no income and must be supported. Would you rather them live of your tax money or their parents?
Once again, I'm sensing a lot of jealousy and resentment. I recommend some serious soul-searching.
How about they take care of their obligation of raising another living breathing American Citizen, with THEIR income.
No jealousy and resentment from me......just logical thinking......
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