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I wonder why it affected me, or should I say my father's estate when my father died. Sick thing is my father was far from rich. As is the case with many who get hit by the estate tax, but even if they were, the estate tax is nothing more than THEFT.
Income and property taxes were already paid on everything my father had, yet the government came in and took their "fair" share. They already had more than their fair share. The problem isn't the amount of taxes coming in. The problem is the completely out of control spending going on at ALL levels of government.
Whether one calls it theft, or inheritance tax, or double taxation -- It's not uncommon for the government to tax us more than once on the same thing. I agree that it's spending that is the problem.
Whether one calls it theft, or inheritance tax, or double taxation -- It's not uncommon for the government to tax us more than once on the same thing. I agree that it's spending that is the problem.
It is absolutely provably NOT double taxation. It's a transfer of money from one person to another. The new person has never paid taxes on it and he's the one who has to pay the tax. It's exactly the same reason by taxing dividends is NOT double taxation. Do you remember that corporations are people? So the corporation/person pays a tax when it/he gets the money but the shareholder is a totally different person so when he gets money he owes taxes on it.
The claim that double taxation exists is just an out right lie. Now, if you want to revoke corporate personhood then a decent case could be made that it is double taxation but as long as "corporations are people, my friend" then it is a transfer of money from one person to another person in a legal sense.
Well there you have it... According to some, it is the tax the evil rich even after they die because it's not fair that they had too much tax.
I wonder why it affected me, or should I say my father's estate when my father died. Sick thing is my father was far from rich. As is the case with many who get hit by the estate tax, but even if they were, the estate tax is nothing more than THEFT.
Income and property taxes were already paid on everything my father had, yet the government came in and took their "fair" share. They already had more than their fair share. The problem isn't the amount of taxes coming in. The problem is the completely out of control spending going on at ALL levels of government.
I had to pay tax on my inheritance, too and it was only $8,000.
Big deal. I did nothing to earn it; neither did you.
It was a minimal amount of taxes.
And you're missing the point, what your father had, that doesn't equate to what you have.
Who benefits from this THEFT known as an inheritance tax? You, me, little Joey down the street... No. The only ones who benefit are the ones incapable of controlling their desires to spend out of a never ending pool of money, politicians. The well has run dry. I have no more to give or tax. My family is barely making it as is, but you people keep wanting more and more, and politicians keep promising more and more off the backs of those of us who work. Our collective backs are just about broke.
The amount of money going into the government is not the problem. Fix the problem.
Yep, those millionaires and billionaires are really hurting... tapped out???
For those of you who don't think there is a 'death tax' and the estate tax doesn't have an impact, ask the family members of Joe Robbie, the man who started the Miami Dolpnins and built a stadium with his name on it. When he died, the family had to sell the team and the stadium because of the 'inheritance tax'.
For those of you who don't think there is a 'death tax' and the estate tax doesn't have an impact, ask the family members of Joe Robbie, the man who started the Miami Dolpnins and built a stadium with his name on it. When he died, the family had to sell the team and the stadium because of the 'inheritance tax'.
For those of you who don't think there is a 'death tax' and the estate tax doesn't have an impact, ask the family members of Joe Robbie, the man who started the Miami Dolpnins and built a stadium with his name on it. When he died, the family had to sell the team and the stadium because of the 'inheritance tax'.
In 1990. Over two decades ago.
Things have changed a bit, and he should have bought insurance to cover it then. Maybe if the Dolphins didn't suck so bad, they'd have made more money
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should be done away with - then again, 'nobody' 
is subject to it...... 
