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. #1131
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    and your constant demand that others pay more money to the government...
    Maybe we could just pay as much as we used to. It was 22-23% of GDP during the Reagan administration. Now it's 14-15%

  2. #1132
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by MoSurveyor View Post
    Great. So the people in CA, FL, and TX with less to pay could actually pay less and the people in KS, NE, and IA with less to pay are just stuck. That's a good way to push farming into the hands of mega-agro even quicker than it's going now. You'll kill every small business in every state that isn't swimming in $$$ or you'll just kill the whole state. Well, I guess in 50 years or so it'll all average out - you hope.
    Good point. Maybe the federal burden is currently too large to do this. It would seem silly for a state to belong to a union if the cost of membership led to state bankruptcy. I'll have to rethink if my original suggestion is a valid idea, given the crushing federal revenue requirements.

  3. #1133
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Cardinal Fang View Post
    Deck chairs on the Titanic. Plus most state governments do not have the cushion of deficit-financing. The federal government (obviously) does.
    MoSurveyor has made me rethink the whole idea. I don't want the burden of supporting the federal government to bankrupt the states. That would be a bad idea.

  4. #1134
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by cpwill View Post
    now that's funny. a supporter of this guy: lecturing anyone else about bookkeeping.
    It's not about bookkeeping, it's about economics, and particularly the kind that Bush used that ended up destroying the economy. There was no reset button to push as of January 20, 2009. Bush got to start with the economy at a historical high point and buried it anyway. Obama had to start with the economy at a historical low point and has managed to resurect it anyway. The budgetary impacts of revenues lost to the Great Bush Recession and emergency expenditures made necessary by it are all on Bush's Visa card and always will be. Nobody else helped him create the worst economic collapse since the Great Depression. He did it all by himself.

  5. #1135
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Henrin View Post
    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.
    Sorry I missed this the first time around.

    In response to your post let me say this , in my opinion the American consumer with money is the best consumer in the world.
    You want proof compare imports with exports.
    More proof American consumers will be on the verge of bankrupsy and still go shopping.
    More proof , google the credit card debt in America today, I'd tell you but you wouldn't believe me.
    If American corporations took half the risk of American consumers if they had half the nerve this country would be in the money instead of in debt.
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    Never take anything you don't need ,never want anything you can't have

  6. #1136
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Henrin View Post
    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.



    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.
    No body said anything about "higher wages , just livable wages.
    My arguement is based on the majority of consumers are unskilled or blue collar which by a strange coincence just happens to be the majority of the population of America today.

    Without consumers WELL?
    Real Estate
    Chrysler
    Freddis Mac
    Enron
    Need I go on?
    Tiki bar regular.
    My code, never take anything for granted always expect the unexpexted.
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  7. #1137
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by MoSurveyor View Post
    The Rich Boys gather at the Country Club once a week to pat themselves on the back and discuss the altruistic things They've been doing for society by providing our sustenance and goods, even saving our very lives. They're the Saints of the World, saving it everyday from the ravages of nature by supplying the rest of humanity housing and all the other accouterments of civilization. Our bodies are something we gladly give Them in sacrifice as recognition of Their charity and benevolence. They give so much and take so little it is self-evident that without Them society would surely fall and crumble. We should be proud to grovel at Their feet, to daily confess our recognition of Their inherent superiority and the power of The Dollar. Their only regret is the concessions Their forebears were forced to make in order to rid themselves of the King, concessions that are now promoting disobedience and hedonism in this Great Society They have created. Woe unto them who test the Powers That Be.

    wow that post oozes butt hurt loserdom

  8. #1138
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    You obviously have no idea what patriotism is when you have to resort to making everything personal and about the individual. Unlike some here who make it obvious they decide everything based on their own personal greed, many of us decide issues of national policy by what is good for a nation for 311 million Americans.
    I really don't need far lefties who spend most of their time demanding that others pay more taxes so their dem masters can buy more votes lecturing me on patriotism. You pretend that me not wanting to pay more taxes to a parasitic, wasteful and often unconstitutionally acting federal government is GREEDY but your demands to take the money of others so your dem masters' agenda can be implemented is somehow not based on your own greed and desires but the "good of the country"

    what horsecrap. The difference between what I want and you want is that I don't demand the wealth of other people-you do

  9. #1139
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Cardinal Fang View Post
    Y

    The Tax Cuts for the Rich did indeed do exactly what Bush intended them to do. They gave a whole pile of money to people who were already wealthy.
    One of my favorite lies from the far left is that tax cuts GAVE the rich money

  10. #1140
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    I really don't need far lefties who spend most of their time demanding that others pay more taxes so their dem masters can buy more votes lecturing me on patriotism. You pretend that me not wanting to pay more taxes to a parasitic, wasteful and often unconstitutionally acting federal government is GREEDY but your demands to take the money of others so your dem masters' agenda can be implemented is somehow not based on your own greed and desires but the "good of the country"

    what horsecrap. The difference between what I want and you want is that I don't demand the wealth of other people-you do
    Your posts are self evident that you do need lecturing about patriotism. It is sad to read about the greed of more more more for me me me when you already proclaim riches and bounty beyond 99% of the nation. it is sad and pathetic. Patriotism is wanting what is best for the nation - and that means 311 million Americans almost all who have little or nothing in common with those who worship Mammon.

    Turtle - I want nothing of anyones wealth. I am doing very well on my own thank you. I do want a more just and fair tax system for the entire nation - but that has nothing to do with my own personal gain. In fact, I expect to lose and pay more as an individual.
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