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. #1261
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Catawba View Post
    I'm doing fine, its the working poor that are suffering under the economy and debt brought about by 30 years of excessive military spending and taxing the rich too little. This needs to be corrected just as it was after the last depression.
    when You claim the poor are suffering due to military spending what you are saying is that the poor are suffering because not enough of the government spending is directed to them. That needs to be corrected?

    what needs to be corrected is the concept that the rich have a duty to fund people who are unwilling to fund themselves MAINLY due to their own poor choices

  2. #1262
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Catawba View Post
    Why the wealthy with business savy support tax increases:

    "In a lot of ways, Nick Hanauer is just like many Americans. He lives in Seattle with his wife and two children, and he grew up working in the family business, manufacturing pillows and comforters.

    But recently, Hanauer wrote an opinion piece for Bloomberg News that was a plea to the government: "Please tax me more."

    These days, Hanauer is a venture capitalist who was one of the first big investors in Amazon. He's not quite a billionaire, but not that far off, either, and he insists his plea is all about self-interest.

    "I reject the idea that I am advocating higher taxes for myself and other wealthy people because I'm a good person or because I love you," Hanauer tells weekends on All Things Considered host Guy Raz. "Let me just be very clear: I do not love you. I value you as a potential customer, and we have rigged the economic system in a way to destroy my customer base."

    The top income tax rate in America is 35 percent. If you earn $380,000 or more a year, that is, in theory, what you pay in federal income taxes. Many taxpayers in this category do, in fact, pay that rate, but some do not.

    The richest of us, billionaires, derive the bulk of their wealth from stock appreciation. Their income strategies often reap hundreds of millions of dollars from those valuable shares in ways the IRS doesn't always classify as taxable income."

    Just What Do The Rich Have That's Taxable? : NPR

    what party does that guy support ? Well guess--he labels himself as a left wing progressive.

  3. #1263
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    when You claim the poor are suffering due to military spending what you are saying is that the poor are suffering because not enough of the government spending is directed to them. That needs to be corrected?

    what needs to be corrected is the concept that the rich have a duty to fund people who are unwilling to fund themselves MAINLY due to their own poor choices
    As the facts show us, it was not the poor that caused or profited from the debt created by deregulation and supply side economics.

    It appears the shell game that you and the GOP have used for the last 30 years is no longer fooling the majority. Too bad, so sad!
    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

  4. #1264
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Catawba View Post
    As the facts show us, it was not the poor that caused or profited from the debt created by deregulation and supply side economics.

    It appears the shell game that you and the GOP have used for the last 30 years is no longer fooling the majority. Too bad, so sad!
    you miss the entire point-you claim the poor have problems because the GOVERNMENT doesn't do enough for them

    that is the problem-they rely on the government too much

  5. #1265
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    Contradictory? we are both consistent

    You want the government to take more and more money from people and I want to limit what the government can take-indeed put it on a crash diet

    You want a system that allows the many to continually demand and vote for more and more and more spending by electing those who promise them more and more and more spending to be paid for by the overtaxed top 5% while I want a system that imposes pain on everyone when the government spends more which would destroy the pandering tactics of your party's leaders and some of the GOP to win votes by promising more government goodies that OTHERS have to pay for
    Okay. You leave me no other choice than to post your previous positions on taxes. I am going to run and when I return I shall post them for you with ample evidence of your own contradictory stances.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  6. #1266
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    Re: which best describes your view of the inheritance tax?

    Sadly for your Turtle, there is the record to go to of your own posts, in your own words, explaining your beliefs and views. And that speaks louder than any lies you try to tell to cover your tracks or get out of a tight spot.

    Here is your position and your reversals on taxes:

    Again, first you took the position that taxation must be based on the amount of government services one used. We even had an entire thread for that purpose. Of course, that plan would have given you a tax cut.

    Page Not Found - Debate Politics Forums (Taxation as Retail Shopping Model)

    Turtle makes it very clear what his ultimate idea of a system of taxation would be:

    ECONOMICS
    Does Anyone Actually Think........ Deficit/Debt
    18 #175 6/9/11


    My definitions of fair-which reject the From each according to their ability

    THE FAIREST

    You pay for what you use

    just like every other area of human interaction
    That is clear and straight forward and unambiguous. The FAIREST tax system he advocates is one in which "you pay for what you use".

    You make this clear again in this post using much the same words:



    ECONOMICS
    The Truth About Who Can Afford To Pay More Taxes
    p. 18 #172 1/21/11


    I want people to pay for what they use so when they demand more it costs them more
    =================================

    Again, his idea of taxation if for people to "pay for what they use".

    Yet again, in another discussion of taxation he expresses the same idea

    ECONOMICS
    Constant References to Billionaires
    23 #228 6/23/11


    fair would be everyone paying the same tax rate or people paying for what they use
    ===================================

    Here he looks back fondly on the ideal he believes once existed in which people paid for what they used in government services

    ECONOMICS
    Brief History of the Bush tax Cuts
    25 #243 6/2/11


    your obsession is that you like the current system and think that it cannot be changed.

    and it once was different. people once paid for what they used
    =====================================

    And once more into the breach

    ECONOMICS
    Tax Increase On the Table
    4 #37 4/14/11


    I know how the tax system works and why its ruining this country.

    and yes, people should pay for what they use rather than voting themselves the wealth of others
    ============================================

    Here he says that the "standard" used in taxation should be the "value recieved" which is another way of saying what government services you consume

    GENERAL POLITICAL DISCUSSION
    Flat Tax
    7 #66 7/4/11


    Given I reject the From each according to their ability argument and note that value received should be the standard, and a flat tax prevents the many from jacking my taxes up what other argument do you have other than you want to keep more of your next dollar than I get to keep
    Then, you abandoned not only the plan itself, but you abandoned the principle behind it. Your completely trashed and flushed the idea of connecting taxation to how much consumes in government services in favor of a per capita levy on all persons based on government spending. Your impassioned plea to connect taxation to how much one consumes in government services was trashed and flushed and as gone with the wind. You did a 180 and completely embraced a principle that was opposite of your first. Of course, this new scheme also gave you a personal tax cut.

    Then you trashed and flushed the per capita idea in favor of a consumption tax in which the entire idea of how much one consumed or even a per capita levy on it was trashed and flushed altogether in favor of a tax based on consumption.


    I have always said a consumption tax is the most desirable practical tax.
    I guess , to you, the meaning of the word ALWAYS is interchangeable with "of the moment and what I now have retreated to"?

    Of course, you would get a tax cut in that scheme also.

    Three different ideas, all very different, some 180 degrees opposite the other, all based on very very different principles.

    Or are they?

    The one "principle" (if one can call selfishness a principle) in all three is that you get a tax cut.

    Now that is the most honest presentation of your taxation positions there is and are completely supported by your own words. If you have a problem with that, state it clearly and I will speak to it.

    You reversed, not once but at least twice and that does not even consider any other tax scheme that you signed on to simply because it gave you a selfish tax cut regardless of the principles or methodology behind it.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  7. #1267
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Centinel View Post
    Using force to take what doesn't belong to you is the law of the jungle. What one does with the loot does not justify the initial act of aggression. If you wish to take care of the poor or elderly do it on your own dime, not with other people's property.
    So you don't believe in the concept of taxation at all then...but a governmentless system or a government based on the charity of it's citizens.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

  8. #1268
    warrior of the wetlands
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Okay. You leave me no other choice than to post your previous positions on taxes. I am going to run and when I return I shall post them for you with ample evidence of your own contradictory stances.
    there is no contradiction to anyone but you

    I stated

    1) the ideal tax system in a perfect world-pay for what you use

    2) since that is not possible to accurately track in a nation of 300+ million the next best thing would be

    to divide government costs by the number of citizens for an appropriate share

    3) but you would note many could not pay their share which is true given how many bogus government spending programs have become entrenched

    4) so the best PRACTICAL system is first a consumption tax and in the secondary alternative a flat tax

    all of those prevent the politicians from pandering to the many by promising them stuff paid for by more taxes on the few

  9. #1269
    warrior of the wetlands
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    Re: which best describes your view of the inheritance tax?

    The dishonesty of constantly repeating one thousandth of what I have said on taxes is that I clearly have constantly made the same arguments and there is no contradiction between proffering an IDEAL system with a realistic compromise as an alternative

  10. #1270
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    there is no contradiction to anyone but you

    I stated

    1) the ideal tax system in a perfect world-pay for what you use

    2) since that is not possible to accurately track in a nation of 300+ million the next best thing would be

    to divide government costs by the number of citizens for an appropriate share

    3) but you would note many could not pay their share which is true given how many bogus government spending programs have become entrenched

    4) so the best PRACTICAL system is first a consumption tax and in the secondary alternative a flat tax

    all of those prevent the politicians from pandering to the many by promising them stuff paid for by more taxes on the few
    Sorry Turtle , but your own words hang you upon the noose they weave themselves into.

    First you want people to only pay for the government services they use and not a penny more.

    Then you do a 180 and spin in completely different direction and say everybody should pay the same which means it is regardless of how much the use or do not use.

    Then you take a completely different position and exclude both of those principles in favor of the flavor of the month - the consumption tax.

    The only consistent in the three is that you end up with a tax cut.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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