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The "American" way. "Success" is determined by how much you can take advantage of others who you interact with. It is all about "leverage" and exploitation, it has nothing to do with people making exchanges with one another. Predation is built into our entire "society", "government", and "monetary system".
"Exploitation" is a virtue in this "society".
If one person sells an item to another person for a profit and they both voluntarily agree on the price is it still exploitation?
That money wasn't earned by the recipient... it was basically gifted by one family member to another. And it was already taxed long before that.
The Death tax is double taxation.
We tax double all the time. Thats a ridiculous argument for supporting the donor class who buy your politician. Tell us, how many trade deals have you received lately. The billionaire class BUY your politician in order to gain favors on your behalf. And you applaud it and say; here exploit me some more! Why dont you send your money straight to the billionaire class instead of voting for them? They will get your money either way.
And statistics prove it! Over the past 40 years, we have seen a massive transfer of wealth and income from working stiffs to the super rich. And our democracy is rapidly turning into a plutocracy. Want to run for office? Its basically impossible without begging the rich and the powerful for money. Whats so great about that?
People who believe there should be no inheritance tax on Americans who inherit billions simply because they were born into a wealthy family, could you please explain whats so great about creating a new aristocracy in America? Isnt America supposed to be about fairness and equal opportunities, and not economic royalists who didnt work for their wealth?
I have a question.
Let's say an Olympic athlete wins 5 gold medals. He leaves those medals to his only daughter. Each medal is worth $20,000 on auction. How much money should the daughter, a single mother working as a waitress, have to pay in taxes on those medals? What is fair to you in order for her to keep them?
Let's say an Olympic athlete wins 5 gold medals. He leaves those medals to his only daughter. Each medal is worth $20,000 on auction. How much money should the daughter, a single mother working as a waitress, have to pay in taxes on those medals? What is fair to you in order for her to keep them?
This is a fallacy. We already have a large and generous tax free amount. What we are talking about here is the super rich being able to create an aristocracy of super rich, like we saw in Europe in the Middle Ages and which caused people to flee to America for freedom from this feudal plutocracy. To allow America to turn into a third world plutocracy because we must support the donor class who buy our politicians is just unconscionable.
Not one more red cent to the government before they account for the taxes they already collect. That inheritance tax you are salivating over will disappear in the same rabid hole the rest of the taxes go. Poor will still be poor, blacks will still get shot, housing projects will still stink and the likes you will need another thing to tax while all the while promising that this one tax will finally level the playing field. Instead of picking people's pockets, go create new industries. Create NEW money, then tax it.
This is a fallacy. We already have a large and generous tax free amount. What we are talking about here is the super rich being able to create an aristocracy of super rich, like we saw in Europe in the Middle Ages and which caused people to flee to America for freedom from this feudal plutocracy. To allow America to turn into a third world plutocracy because we must support the donor class who buy our politicians is just unconscionable.
People who believe there should be no inheritance tax on Americans who inherit billions simply because they were born into a wealthy family, could you please explain whats so great about creating a new aristocracy in America? Isnt America supposed to be about fairness and equal opportunities, and not economic royalists who didnt work for their wealth?
So you think it is fair for a couple to save together but for some reason such as oversight much of the property ends up in the name of one spouse who dies first and the other spouse has to pay for the privilege of inheriting what they both earned together. My mother was a widow at 55 and here comes the government wanting its share of her money that both she and my father had accumulated together. She could have been much better off if the government had kept its paws out of her kitty.
Death tax is adding insult to injury. Vote Trump. Hillary type people already live off the government. At least let the widows have their own money.
Which one of these people is supposed to be better for women. Men usually die first.
Not one more red cent to the government before they account for the taxes they already collect. That inheritance tax you are salivating over will disappear in the same rabid hole the rest of the taxes go. Poor will still be poor, blacks will still get shot, housing projects will still stink and the likes you will need another thing to tax while all the while promising that this one tax will finally level the playing field. Instead of picking people's pockets, go create new industries. Create NEW money, then tax it.
We have seen who will pay for this elimination of the inheritance tax. Its almost 250 billion over the next 10 years. Deep cuts in support for the veterans is part of how the shortfall is made up according to the latest Ryan-budget. Whats so great about that? People who have put their lives on the line for the country will have to pay for the donor class to get gifts from their spineless puppet politicians.
People who believe there should be no inheritance tax on Americans who inherit billions simply because they were born into a wealthy family, could you please explain whats so great about creating a new aristocracy in America? Isnt America supposed to be about fairness and equal opportunities, and not economic royalists who didnt work for their wealth?
Why don't you explain why any part of an inheritance should go to you instead of to one's heirs.
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