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. #1791
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by MoSurveyor View Post
    You honestly think a system is doing good when a handful of Wall Street thieves can put tens of millions of people out of work and all but bring down the economy? Ever hear the term "Too big to fail"? Sorry, that's just dangerous any way you slice it.
    I hope you are not under the misapprehension that I think the system is doing well. I think the system is massively f*cked up, thanks to unprosecuted financial fraud, ineffective and misguided legislation, monetary irresponsibility, crony capitalism, and other causes too numerous to name.

    You seem to believe I want to dispose of all wealth and that's not true at all. You're using the common view of a predator instead of the biological view. Predators are required for a healthy system but with civilization comes the responsibility to keep the predators in check.
    I agree, individuals in a civilized society can and must defend themselves against predators. That's what separates a civilized society from a barbaric society.

  2. #1792
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    Re: which best describes your view of the inheritance tax?

    A challenge for the advocates of the term DEATH TAX and the claim that it is a proper use of the term:

    Please show us where the actual act of death was 'a taxable event' independent of any transfer of money or wealth from the dead person to the living.

    If you can do that, you can start to build a case.
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  3. #1793
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    A challenge for the advocates of the term DEATH TAX and the claim that it is a proper use of the term:

    Please show us where the actual act of death was 'a taxable event' independent of any transfer of money or wealth from the dead person to the living.

    If you can do that, you can start to build a case.
    You could tell me when the transfer was independent of someone dieing. Until you do that I see no reason to change how I call it.

  4. #1794
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by MoSurveyor View Post
    If it was from the Bush 201 times then you may well be correct. The question is, does it still hold?


    Ed:
    Also, if the IRS is simply quoting a State tax code title that does NOT mean the IRS recognizes it as such.
    what it means is the idiotic claims that only extremist right wingers use the term "death tax" is a complete, total, and utter lie

  5. #1795
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Yes , mentioned it - never did more.

    And reality says otherwise no matter how dear you cling to the silly neologism of the political extremists.

    The really sad thing - to the point of being downright pathetic - is the insistence on the completely dishonest "death tax" label prevents any honest discussion of the merits of the inheritance tax. I wonder if that light bulb of realization ever goes off over the heads of those who use it?

    I think those of us whose families constantly are affected by this disgusting tax have far better standing to call it what we want then those whose only involvement is to demand OTHERS pay MORE of it

  6. #1796
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Henrin View Post
    You could tell me when the transfer was independent of someone dieing. Until you do that I see no reason to change how I call it.
    Isn't it amazing how bent out of shape the tax the rich more crowd gets over calling their wealth stealing scheme a death tax.

  7. #1797
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by earthworm View Post
    One event makes you an expert ?
    Rather childish, I'd think.
    "Death Tax" is a colloquial term, used by the less educated and those who are less formal..How does it matter what it is called ???

    I would be happy to compare my educational achievements with yours so we can test your theory.

  8. #1798
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by earthworm View Post
    One event makes you an expert ?
    Rather childish, I'd think.
    "Death Tax" is a colloquial term, used by the less educated and those who are less formal..How does it matter what it is called ???
    certainly makes me more expert than those whose only connection is that they love a tax that soaks the rich more

  9. #1799
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by MoSurveyor View Post
    You honestly think a system is doing good when a handful of Wall Street thieves can put tens of millions of people out of work and all but bring down the economy? Ever hear the term "Too big to fail"? Sorry, that's just dangerous any way you slice it.

    Too big to fail - Wikipedia, the free encyclopedia


    You seem to believe I want to dispose of all wealth and that's not true at all. You're using the common view of a predator instead of the biological view. Predators are required for a healthy system but with civilization comes the responsibility to keep the predators in check.
    whining about the system because of a handful of wall street "bandits" as you call them is as idiotic as damning all American Muslims are terrorists because there have been a few Jihadists convicted of plotting to blow up airplanes or buildings

  10. #1800
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    Re: which best describes your view of the inheritance tax?

    This sums up the issue as well as I've seen:

    "I’m not sure what’s more offensive: the selfish efforts to secure yet another tax break for the wealthy, or the bogus and insulting economic threats with which they are trying to sell it." - David Goldstein.

    Northwest Progressive Institute Archive: Whining about the estate tax
    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

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