View Poll Results: which best describes your view of the inheritance tax?

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  • There should be no inheritance tax of any amount of money or assets.

    84 54.90%
  • The first 5 million dollars should be exempt. After that the tax rate should be 35%.

    21 13.73%
  • The first 5 million dollars should be exempt. After that the tax rate should be 50%.

    12 7.84%
  • The first 1 million should be exempt. After that the rate should be 50%.

    19 12.42%
  • No exempt amount. Tax at 35% from the get-go.

    9 5.88%
  • No exempt amount. Tax at 50% from the get-go.

    1 0.65%
  • Abolish all inheritance. In other words, tax 100%.

    7 4.58%
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Thread: which best describes your view of the inheritance tax?

  1. #1101
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by presluc View Post
    These rich couldn't leave America though,I don't think other countries would be so generous with bailouts and loans to rich corporations.
    When looking at if businesses would leave or not you have to look at the complete picture. Even if you were to only look at the bailouts and loans from the us government to business you have to consider the ease of gaining the loan or bailout, what is connected to it and what are the chances this could occur. Still, the bailout possibility or lack there of from the government would not be a major factor if companies would leave or not considering that most people don't think they will fail and don't plan for the future if they are a business owner or any other private citizen.
    Last edited by Henrin; 02-14-12 at 07:42 PM.

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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    then I suggest they have the skills that garner such wages for them
    HOW CAN UNSKILLED LABOR NOT HAVE THE SKILLS FOR SUCH WAGES THAT GARNER THEM?

    Before you answer, remember without the unskilled labor/consumers the boys on Wall Strret might get a little nervous.
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  3. #1103
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by presluc View Post
    HOW CAN UNSKILLED LABOR NOT HAVE THE SKILLS FOR SUCH WAGES THAT GARNER THEM?
    High wages usually pertains to some sort of high demand that is limited. Many of the poor, but not all, have no skills to speak and the abilities they do have are only natural which almost everyone else has. There really is no ability for them to garner higher wages without the market while gaining ground and not simply staying still.

    Before you answer, remember without the unskilled labor/consumers the boys on Wall Strret might get a little nervous.
    Just because you are many, happen to be needed to some degree, or you exist doesn't mean you have what it takes to garner higher wages. Anyway, you're forming an argument that if they disappeared everything would stop, but in essence everything would move on and those jobs would be filled.

  4. #1104
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by presluc View Post
    Well, a lot of Americans in the unskilled and blue collar labor force are demanding a job with a decent wage , decent wage earners pay taxes how is that unfair?
    They can demand it all day long; it doesn't mean anyone owes it to them -- or that it's available in the quantity and geographical spread they'd like.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    as usual you miss the obvious point. The obvious point being if we had a proper tax system the poor would not be demanding more and more government spending because they would pay more if the people they elected engaged in more and more government handouts.
    that's the point you ignore.
    I imagine that everyone would ignore it in its present form, as it is completely incomprehensible. Different words, more punctuation...whatever it is, something is sorely lacking in the above.

    Quote Originally Posted by mac View Post
    I don't necessarily want the poor to pay more taxes. I want a tax system that provides a rather strong incentive for the masses to be adverse to excess government spending...
    I believe there may be a problem here in that you are going to appoint your highly suspect self as "The Decider" of what excess government spending is. The US in fact has one of the smallest public sectors anywhere in the prosperous world, powerfuilly suggesting that we are missing out on something in not consuming far more public goods and services than we do.

    Quote Originally Posted by TurtleDude View Post
    ...and if the poor really want the rich to pay more, they face the same percentage increase.
    This sort of thing is why the idea of a Paris-Hilton-Inheritance-Tax keeps picking up steam.

    Quote Originally Posted by TurtleDude View Post
    Right now those who are suckling on the public tit have no incentive to demand less government or lower taxes on other people but rather the opposite.
    Right now, those receiving public assistance are a) not able-bodied, b) caring for dependents, c) training and looking for work, or d) working -- as in working as hard as they can in order to move on to or back to a higher standard of living, since trying to live on government assistance is not some sort of picnic. None of them is going to PP (poor people) meetings in order to discuss new strategies for how to steal money out of your wallet.

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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by presluc View Post
    HOW CAN UNSKILLED LABOR NOT HAVE THE SKILLS FOR SUCH WAGES THAT GARNER THEM?
    How can the unskilled not have skills? This is what you're asking? Really?
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Harshaw View Post
    Holy ****; that's even MORE incandescently inane. Stop. Stop now before you reach the stupidity event horizon. You cannot possibly believe what you're posting.
    You could have just said, "Wow, you're right. I hadn't thought of it that way."

    Quote Originally Posted by Harshaw View Post
    Oh, I see. Instead of actually presenting a case, you simply say "look it up." Well, that's YOUR job.
    If you'd like to hire me as a personal tutor, that's fine. Just understand that the last such contract I signed was for $300 an hour.

  8. #1108
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Henrin View Post
    I have put out before in other threads what I think of regulation and how to resolve the issues that are present in the current avenue being done to that end.
    Was this by any chance copied from a note that TurleDude sent you? In any case, your failure to mount any sort of rebuttal to the notion of the credit crisis having run straight off the cliff thanks to the efforts of laissez-faire cowboy capitalists and do-nothing regulators has been noted.

    Quote Originally Posted by Henrin View Post
    It's really not my fault you can't read.
    I can read in multiple languages, just not the one you wriote that gibberish in.

    Quote Originally Posted by Henrin View Post
    Their encouragement for advancement their ability to gain future earnings from that dollar are limited and compared to the outlook of when the higher earners spend on the economy as a whole the return on taxing them less while giving them free things does not counter the effects of higher taxes on the higher ends.
    You've captured the TD essence beautifully. That's completely indecipherable. One of the things about training in Economics is that it includes training in how to present points clearly and succinctly and in a manner that a reader is apt to find familiar, even if he or she is not particularly well-versed in the subject matter. Obviously, you guys have never had any sort of training like that.

    Quote Originally Posted by Henrin View Post
    Not my point and that depends greatly on variables I am mentioning.
    Seems like Choice #6 from the All-Purpose Meaningless Response Cheat Sheet. Whether you realized it before or not, the more times a dollar turns over per unit of time, the greater aggregate demand will be and the more jobs will be present in the economy. This is from one of the fundamental relationships of macro economics -- the money supply times its velocity equals GDP. Live and learn, eh?

  9. #1109
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by presluc View Post
    No sir I have not stated that.

    "WE THE PEOPLE" is not a foundation for income redistribution.

    "WE THE PEOPLE" is a foundation of America the nation.

    However where does we the people stop?
    Does it stop at income redistributation?
    Let somebody besides the rich pay?

    Does it stop at military volunteers who fight and die for this nation?
    Let somebody besides the poor and middle class go?

    Does it stop at the judicial system.?
    Don"t waste tax payers money on trials if they get caught of any crime take them out back put two bullets in their head and cremate what body parts you can't use.

    So where does WE THE PEOPLE stop being "WE THE PEOPLE"?
    your fixation on those three words are almost comical.

    I do like the spinning out of control on it though

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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Cardinal Fang View Post
    I imagine that everyone would ignore it in its present form, as it is completely incomprehensible. Different words, more punctuation...whatever it is, something is sorely lacking in the above.


    I believe there may be a problem here in that you are going to appoint your highly suspect self as "The Decider" of what excess government spending is. The US in fact has one of the smallest public sectors anywhere in the prosperous world, powerfuilly suggesting that we are missing out on something in not consuming far more public goods and services than we do.


    This sort of thing is why the idea of a Paris-Hilton-Inheritance-Tax keeps picking up steam.


    Right now, those receiving public assistance are a) not able-bodied, b) caring for dependents, c) training and looking for work, or d) working -- as in working as hard as they can in order to move on to or back to a higher standard of living, since trying to live on government assistance is not some sort of picnic. None of them is going to PP (poor people) meetings in order to discuss new strategies for how to steal money out of your wallet.

    the thought of a tax system that would prevent politicians pandering to the many because the many would face the same percentage tax increases as the rich scares the crap out of leftwing politicians

    the people plotting to steal money out of my and others wallets tend to be rich control freaks

    the death tax is an abomination that is based purely on an appeal to spite or envy

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