Whats so great about having to pay zero tax on inheritance income? (ethic, insurance)
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Easily refuted given your faulty premise. Their answer would be government plays no role with a purely financial transaction, other than perhaps laws that govern securities. Garbage economics in , garbage economics out.
This isn't a discussion for anarchist-lites. I'm sure there's an "all taxation is theft" thread that's more up your alley.
I dont think being born as a wealthy heir is something to brag about. One child is born blind and disabled to a poor family, another is given hundreds of millions through no effort of their own. The heirs can work like the rest of us. Its somewhat pathetic to listen to working stiffs submissively grovel people who laugh in their face.
And there you have it, it boils down to jealousy and envy.
No, it boils down to the fact that you have to run a country, and that people who have disproportionately benefitted from the countries wealth are not being brutally repressed by being asked to pay a small percentage of tax on large amounts of inherited wealth.
I dont think being born as a wealthy heir is something to brag about. One child is born blind and disabled to a poor family, another is given hundreds of millions through no effort of their own. The heirs can work like the rest of us. Its somewhat pathetic to listen to working stiffs submissively grovel people who laugh in their face.
Here you admit your defective thinking. Life isnt fair, and those that deny this are just plain stupid.
You want government to equalize those that are less fortunate by confiscating money from those that are successful.
Thank you.
No, it boils down to the fact that you have to run a country, and that people who have disproportionately benefitted from the countries wealth are not being brutally repressed by being asked to pay a small percentage of tax on large amounts of inherited wealth.
Ha Ha! It's not the country's wealth. It's their wealth! You fail!
I dont think being born as a wealthy heir is something to brag about. One child is born blind and disabled to a poor family, another is given hundreds of millions through no effort of their own. The heirs can work like the rest of us. Its somewhat pathetic to listen to working stiffs submissively grovel people who laugh in their face.
There's nothing wrong with being born into wealth, but we shouldn't be giving privileges to people who can afford to do what everyone is doing... Paying taxes on income.
If this were true, you wouldn't have the top wealthiest people in the US three generations or less into that group.
If what were true?
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It's a flawed theory from people who start their research believing the theory they then selectively support.
Adam Smith spewed flawed theories and the US was an economic basket case all through the 19th century?
That it?
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Not that long ago elite wealth was mostly in the hands of those with large farms. It then moved to those who developed industry. Now, it's those who develop technology.
You haven't the slightest idea what you are talking about and I say that generally liking you, Tex. We usually see eye to eye, but you didn't just confuse a horse for a zebra; you confused a mouse for an elephant.
Most large estates in early America were pure capital. There was almost no rent. Read the theory carefully, from Adam Smith to Ricado. Once you read it, you'd realize why the fops blotted it out as fast as they could. They hate capitalists. They loath the nouveau riche , unless they can keep them like angora goats in their stables.
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We also see people who lose extreme wealth.
People with very little money climb into wealth all the time.
Government shouldn't get to pick and choose who succeeds.
Oh Lord ,how do I save this lost, worthy soul? ?Its the rentier fops behind da guberment doing it. I know you've got the brains, you just did take the time.
Why don't you ask yourself why a libertarian that loathes the welfare state and identity politics with a hatred one has for their pimp jailer that turned me out for 5 bucks a pop , is digging up this fossil? That pass the smell test as someone who loves big government?
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