Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
It's not the bankers who aren't paying the mortgages. It's those who bought the homes and aren't paying their mortgage payments. How do you not get that?
Yea we need to blame the peasants. Don't worry the holy rich will take care of us.
Yea we need to blame the peasants. Don't worry the holy rich will take care of us.
Why shouldn't people be responsible for paying their own bills? Especially those they willingly accepted such as a mortgage, car loan, credit card debt, etc.?
The Us could not function as a modern nation state without taxation.
Currency sovereigns do not need to tax for revenue. Taxes are tools for control. Control of aggregate demand, control of social policy, control of behavior, etc.
Modern nations with fiat currency do not need taxes to fund spending. Period.
I'm neutral on the estate tax. On 1 hand taxes have been paid repeatedly on that estate and money already. I don't like the greed some have of taking from people just because they have more. On the other hand the wealthy can and should be paying more than they do.
That must have been a long time ago, I'm guessing over 20 years. The threshold was $600,000 in 1997.
No, my father died in 2005. Where do you people get your information on this "threshold?" We did pay tax on some of what he left us. Not all sources were taxable. But I guarantee you, we paid tax on a portion of it, and as I remember it came to several hundred dollars or more (I believe it was under $1,000). Even so, for us, it was a lot considering our inheritance was only about $50K apiece.
I'm neutral on the estate tax. On 1 hand taxes have been paid repeatedly on that estate and money already. I don't like the greed some have of taking from people just because they have more. On the other hand the wealthy can and should be paying more than they do.
It's double taxation. Taxed once on the person and taxed again on the inheritor.
Repeal of the estate tax is great news for Trump and other billionaires on the Forbes list. Unfortunately, too many are duped into believing that the estate tax effects them. It does not. As it stands now, the estate tax only effects those with assets over approximately $5.4 million for a single person and $10.8 million for a married couple.
The estate tax was passed during the progressive era to forestall the creation of an American aristocracy. It has done so with some success.
So, the question is why should we create a permanent upper class in this country? After all nearly all our forebears left Europe because there was no upward mobility because the aristocracy kept them down.
The estate tax has worked and we should not repeal it.
why should anyones money or property be taxes more than once???
why should anyones money or property be taxes more than once???
Why does some brat get handed millions just because of his blood? Its undemocratic let him earn like everyone else.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
