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. #1451
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Centinel View Post
    All violations of other's property have effects than cannot be reversed. That's why it is beneficial to reduce violations of others' property to the greatest extent possible. Nor can one stop a crime before it happens. All that can be done is to ensure that when a crime is committed, the perpetrator is punished. Catching an punishing a single murderer will not bring the victim back to life. But we do it anyway, because others who might do the same thing need to understand that they will also be punished. Likewise, yes you are right. I could pull up to your yard and dump a barrel of used motor oil on your front yard. Maybe I don't get caught, but if I do, I will be hauled before a judge and punished. This hopefully stops others from doing the same thing.

    I admit you are right that no crime can actually be punished until after it is committed, but we still have to at least attempt to establish laws of justice in which judges can adjudicate the case and mete out the appropriate punishment. It is only the disincentive provided by the fear of punishment that keeps people from infringing on the property of others.
    You just haven't taken this to the next step. You're still thinking in terms of middle-class people in a nice quite neighborhood. Life isn't so simple. Go talk to the people in Ecuador and ask them about Rights vs the Corporation (in this case Texaco/Chevron). They've been in court since 1993 and have seen no money while living in an oily mess that continues to plague them. People have taken companies to court, too many times to count, over health and safety problems - whole communities have done this - and got nowhere because Big Business can outspend almost anybody on the planet with two exceptions, another Big Business and Uncle Sam. Now you would take away Uncle Sam leaving no one to protect the people.
    Last edited by MoSurveyor; 02-20-12 at 10:52 PM.
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  2. #1452
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    Re: which best describes your view of the inheritance tax?

    I just don't understand this argument. My parents worked hard so I could have a future. Why should the government strip that away?
    I'm coming to see that no matter what law we regulate, be it the stand your ground act, there is never an objective morally right answer to any morale question; in fact, since there are multiple objectively right answers to every moral question that leaves us with a lot of grey area and a lot of black area (not in the racial since).
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  3. #1453
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    I spoke an equal truth.

    If you have your own island nation - then you have absolute rights. If you do not - then you do not have absolute rights. This is not a new or revolutionary concept.
    Why have you introduced the term absolute rights? I have no idea what the term absolute rights means.

    My prior statement was that it is the job of government to protect the life, liberty, and property of the citizens. If the government itself violates the life, liberty, and property of the citizens, then it is not doing its job of protecting them.

    I have no idea what the notion of absolute rights has to do with that.

  4. #1454
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Jryan View Post
    I just don't understand this argument. My parents worked hard so I could have a future. Why should the government strip that away?
    apparently some people think the government ought to punish you for that in order to make those whose parents were spendthrifts feel better

  5. #1455
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Centinel View Post
    Why have you introduced the term absolute rights? I have no idea what the term absolute rights means.

    My prior statement was that it is the job of government to protect the life, liberty, and property of the citizens. If the government itself violates the life, liberty, and property of the citizens, then it is not doing its job of protecting them.

    I have no idea what the notion of absolute rights has to do with that.
    Again, you make hollow pontifications based on absolutes. Reality is not what you dream of.
    __________________________________________________ _
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Jryan View Post
    I just don't understand this argument. My parents worked hard so I could have a future. Why should the government strip that away?
    Because other people need that money.

    "From each according to his ability. To each according to his need."
    Last edited by lizzie; 02-20-12 at 11:12 PM.
    "God is the name by which I designate all things which cross my path violently and recklessly, all things which alter my plans and intentions, and change the course of my life, for better or for worse."
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by lizzie View Post
    Because other people need that money.

    "From each according to his ability. To each according to his need."
    Get your own island.

    Then pontificate.

    Other than that, learn to live with other people in a cooperative society where you are not a god.
    __________________________________________________ _
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Get your own island.

    Then pontificate.

    Other than that, learn to live with other people in a cooperative society where you are not a god.
    translation-if you have something that others want they can vote what you have away from you and you should bend over and not complain

  9. #1459
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Get your own island.

    Then pontificate.

    Other than that, learn to live with other people in a cooperative society where you are not a god.
    No no no sweetie. I'm far from a God. I am among the peons who work my ass off for the median income in our society, it's just that I don't believe in theft as a way of survival.
    "God is the name by which I designate all things which cross my path violently and recklessly, all things which alter my plans and intentions, and change the course of my life, for better or for worse."
    -C G Jung

  10. #1460
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Jryan View Post
    I just don't understand this argument. My parents worked hard so I could have a future. Why should the government strip that away?
    If $5,000,000 + 65% of everything over that can't buy a future for you then you probably don't deserve one.

    $5M comes out to a little over $170 a day, 365 days a year, for 80 years - not counting interest. If you can get a lowly 2% interest rate that's $100k a year and you never touch the $5M.
    Quote Originally Posted by lizzie View Post
    Because other people need that money.

    "From each according to his ability. To each according to his need."
    As I said earlier, they can take the money out of circulation for all I care. It's not the taxes I'm after.
    Last edited by MoSurveyor; 02-20-12 at 11:26 PM.
    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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