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. #1161
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    that would also be good. Perhaps you could purchase your own island nation?
    They are working on it:

    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  2. #1162
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by lizzie View Post
    The government taking money from me, to give to you, is just as much theft as you holding a gun to my head and taking it yourself. Even if the government is taking it for you, the result is the same. The end does not justify the means, no matter how much you rationalize that it's *right*.
    Many people who would never dream of violently robbing someone are more than happy to have other people perform the robbery on their behalf. This does not mean that they are any less guilty, in my opinion. Yet, somehow they have the gall to chide those being looted to pipe down and take it like a man. After all, they've taken much more in the past, so we should all be happy that they are taking a little less now.

  3. #1163
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Centinel View Post
    Many people who would never dream of violently robbing someone are more than happy to have other people perform the robbery on their behalf. This does not mean that they are any less guilty, in my opinion. Yet, somehow they have the gall to chide those being looted to pipe down and take it like a man. After all, they've taken much more in the past, so we should all be happy that they are taking a little less now.
    Let me guess: this would be the elected representative government of the citizenry which you are talking about exercising its power of taxation to maintain a civilized society?

    Your overuse of the hyperbolic and dramatic grows with every day. Taking a lesson from you, one could post about people in white lab coats cutting the flesh off women and children and shoving sharp projectiles into their bodies causing pain and discomfort, making them swallow dangerous drugs and ordering them how to live.

    Otherwise know as doctors and patients.
    Last edited by haymarket; 02-16-12 at 07:38 AM.
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Centinel View Post
    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.
    I'd like to hear your ideas on this. I like the idea of some things going back to the States but everything I've heard so far inevitably leads to problems for many of them. I think part of it is the States have to compete on the world market. If KS wheat farmers have to compete with the Ukraine then, unless the US as a whole is on the same level as the Ukraine, KS gets shafted. It's either that or tariffs to make up the difference, which can be counter-productive for other States. Impasse.
    Mt. Rushmore: Three surveyors and some other guy.
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  5. #1165
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Let me guess: this would be the elected representative government of the citizenry which you are talking about exercising its power of taxation to maintain a civilized society?
    Precisely. I'm talking about people using the power of government to take from others, all the while believing that they are moral and civilized. There's nothing civilized about using violence to take what isn't yours. If you want to take other's property, at least have the balls to do it yourself.

  6. #1166
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by MoSurveyor View Post
    I'd like to hear your ideas on this.
    I was agreeing with you that apportioning the federal tax burden across the states might not be as good an idea as I had thought. I did not account for the effect that it might have on poor farming states, which you pointed out.

    I like the idea of some things going back to the States but everything I've heard so far inevitably leads to problems for many of them. I think part of it is the States have to compete on the world market. If KS wheat farmers have to compete with the Ukraine then, unless the US as a whole is on the same level as the Ukraine, KS gets shafted. It's either that or tariffs to make up the difference, which can be counter-productive for other States. Impasse.
    I'm not exactly sure what you mean by "some things going back to the States", so I'm not quite sure how to respond.

  7. #1167
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Centinel View Post
    Precisely. I'm talking about people using the power of government to take from others, all the while believing that they are moral and civilized. There's nothing civilized about using violence to take what isn't yours. If you want to take other's property, at least have the balls to do it yourself.
    Nonsense. You simply want to destroy the American government as we know it and believe that to deny the government the power of taxation will do this. The rest is all lipstick on the pig.
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Nonsense.
    Good comeback. Yeah, I see I was totally wrong now. Thanks for clearing that up.

    You simply want to destroy the American government as we know it and believe that to deny the government the power of taxation will do this. The rest is all lipstick on the pig.
    Good, build a strawman. That'll help.

  9. #1169
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    wow that post oozes butt hurt loserdom
    It was just for you, TurtleDude, I'm glad you liked it.


    Quote Originally Posted by TurtleDude View Post
    and I really tire of your posts pretending that your motivations are noble and mine are based on greed. I don't impose costs on other people.
    Cost? What exactly is the cost of an arm or a leg? I believe last time I looked it was about $50k each. One can only sell so many body parts. We're not starfish, they don't grow back.

    Quote Originally Posted by TurtleDude View Post
    maybe a world without those who want to take from others what they are unable to earn on their own
    And that would be the Fat Cats who seldom labor more than 20 hours a year while the rest labor 2000 hours a year?
    Last edited by MoSurveyor; 02-16-12 at 09:05 AM.
    Mt. Rushmore: Three surveyors and some other guy.
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    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
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  10. #1170
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Centinel View Post
    I was agreeing with you that apportioning the federal tax burden across the states might not be as good an idea as I had thought. I did not account for the effect that it might have on poor farming states, which you pointed out.


    I'm not exactly sure what you mean by "some things going back to the States", so I'm not quite sure how to respond.
    Actually, I was using that as an example. With the Farm Bill the farming states I spoke of don't do too bad overall. (Of course, the Farm Bill would be out the window if much of the government went back to the States.) Here's the latest rankings. I couldn't find a government db with percent:

    State per capita income (2010) - Buffalo - Business First


    I was talking about FedGov functions being turned over to the States. Obviously the military would have to remain Fed and some other stuff, which is always a contention. New ideas are welcome, though.
    Mt. Rushmore: Three surveyors and some other guy.
    Life goes on within you and without you. -Harrison
    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
    After you learn quantum mechanics you're never really the same again. -Weinberg

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