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. #1871
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    from that propaganda piece Catawba cited crying that the current estate tax rates COSTS the government money (which is a laugh-it assumes that higher rates are proper which of course has no factual support)

    In reality, bequests are not subject to the income tax; the entire estate is subject to the estate tax, after which each heir receives his or her share of the estate without paying further taxes on it.
    I give you the law as evidence of reality- you give me pompous pontifications and your beliefs.

    Nothing has changed
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  2. #1872
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Present your data. See the post on this very page above this one 1841 - one-quarter of one percent in 2009. But you would have the name of the tax defined by how it impacts less than one percent of the public rather than how it impacts 99% of the American public.
    Many small business owners are affected by the tax TODAY so unless they are in the 1% the data in post #1841 is crap.

    Not only is that a gross intellectual fraud, it is an absurdity of the worst sort. It makes The Mad Hatter look like a sane and calm counsellor.
    I explained my reasoning once and you did nothing but repeat yourself AGAIN. I have no reason to say it again.

    Who are Luntz & Faris? The people who gave folks on he right their marching orders regarding the neologism. Its right here in the thread.
    Funny that I never heard of them but you have.

  3. #1873
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by MoSurveyor View Post
    So if a factory in Kansas starts dumping crap into the Missouri river upstream of our drinking water supply inlet then we have a choice to die from poison or die from thirst. Nice world you have there.

    Oh, that's right, we take them court and wait for the court to somehow force the factory to stop dumping poison in the river. In the meantime our citizens are dying. Well, that's OK because in the end we'll get to sell a useless factory and distribute what few funds we can get from it to the families of the dead so that maybe they won't have to be buried in a mass grave.
    Lol, the government and its agencies, the EPA in this case, puts in place its solution after a harm has occurred and deals with future harms of people with punishments and in between that time punishes people that did nothing wrong with regulation. Are you unaware?

    Its also idiotic to say that harms would be greater in terms of environmental damage with an accessible court system that didn't excessively harm business in the system in an equal and much more fair fashion to only punish the guilty parties.

    But you can believe whatever you want honestly.

  4. #1874
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Henrin View Post
    Many small business owners are affected by the tax TODAY so unless they are in the 1% the data in post #1841 is crap.



    I explained my reasoning once and you did nothing but repeat yourself AGAIN. I have no reason to say it again.



    Funny that I never heard of them but you have.
    You attack the data but fail to present any of your own. That is not debate. It is simple statement of a belief on your part.

    Your reasoning is your own belief system and you attempting to justify it. No more and no less.

    As to you not knowing Luntz & Faris - your lack of knowledge about the neologism of the 'death tax' and the partisans who promote it - is something that speaks about you and not me.
    Last edited by haymarket; 02-28-12 at 07:49 PM.
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    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

  5. #1875
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    You attack the data but fail to present any of your own. That is not debate. It is simple statement of a belief on your part.
    So the 2009 report by the CBO that said some small businesses even under the new rules at the time are affected is what? While I admit the number is small considering it proves just fine its not just the 1% paying.

    As to you not knowing Luntz & Faris - your lack of knowledge about the neologism of the 'death tax' and the partisans who promote it - is something that speaks about you and not me.
    Lol, I get my idea based on how it functions, not by Luntz and Faris and I could care less what part they played in some sort of movement I care little about.
    Last edited by Henrin; 02-28-12 at 08:02 PM.

  6. #1876
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Henrin View Post
    So the 2009 report by the CBO that said some small businesses even under the new rules at the time are affected is what? While I admit the number is small considering it proves just fine its not just the 1% paying.



    Lol, I get my idea based on how it functions, not by Luntz and Faris and I could care less what part they played in some sort of movement I care little about.
    You have this deliberate style you employ in posting ---- very short, almost cryptic responses that are designed to give as little as possible to comment upon. Like here you mention some report but fail to include the report or a link to it. Why?

    As to Luntz & Faris - regardless if you remember hearing about them, you certainly are following their matching orders just the same.
    __________________________________________________ _
    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. #1877
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    You have this deliberate style you employ in posting ---- very short, almost cryptic responses that are designed to give as little as possible to comment upon. Like here you mention some report but fail to include the report or a link to it. Why?
    No reason for it. The tax as of 2011 includes anyone with assets of over $1 million being taxed at 55 percent and such information can be found in the 2009 and 2010 report by the CBO on the issue. This obviously includes many small businesses. Its pretty common knowledge if I'm not mistaken.

    As to Luntz & Faris - regardless if you remember hearing about them, you certainly are following their matching orders just the same.
    Lol, I don't care.

  8. #1878
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    I give you the law as evidence of reality- you give me pompous pontifications and your beliefs.

    Nothing has changed
    wow you fell for it-what I quoted was that article you and catawba were slobbering about

  9. #1879
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Henrin View Post
    No reason for it. The tax as of 2011 includes anyone with assets of over $1 million being taxed at 55 percent and such information can be found in the 2009 and 2010 report by the CBO on the issue. This obviously includes many small businesses. Its pretty common knowledge if I'm not mistaken.



    Lol, I don't care.
    What tax of 2011 are you talking about? I have never heard of rates like that today.

    Provide a link to what you are referring to.

    As to Luntz & Faris - they would be proud of you.
    __________________________________________________ _
    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

  10. #1880
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    wow you fell for it-what I quoted was that article you and catawba were slobbering about
    what are you blathering about? This nonsense you pull once in a while about you think you are some trickster when you have no way to crawl out of your corner is really getting lame.

    The post I was using from catawaba is the one in which he stated the statistics about how few people - less than one percent - now have to pay an estate tax. I have no idea what you were talking about or what you were using.
    Last edited by haymarket; 02-28-12 at 10:35 PM.
    __________________________________________________ _
    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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