There should be no inheritance tax of any amount of money or assets.
The first 5 million dollars should be exempt. After that the tax rate should be 35%.
The first 5 million dollars should be exempt. After that the tax rate should be 50%.
The first 1 million should be exempt. After that the rate should be 50%.
No exempt amount. Tax at 35% from the get-go.
No exempt amount. Tax at 50% from the get-go.
Abolish all inheritance. In other words, tax 100%.
What we do know is that day in day out you constantly try to justify the government taking more money from other people. and rather than come up with a rational justification for such looting, you constantly bray that its what the masses want from their pimps in office.
we who pay these taxes tire of those who don't telling us we need to pay more
I'm aware of PAC money and it's impact on politics, yes. Maybe you're too young to know what life was like without the EPA. In many cases people just won't accept science as "good enough" for business regulation. As such dead, dying, or damaged humans are often the proof that politicians require to act. Luckily, once there is a tragic incident, politicians seldom continue to deny the facts and substances which should have been banned or controlled finally make that status. Business, of course, continues to deny and often opposes the facts hoping to avoid or lessen litigation.
The funny thing about policing, patrolling, and oversight is there no way to actually prove it does any good. In that light maybe we should stop all police activity except investigation. The only other job police do is bring in suspects but any gorilla can be hired for that. Current bounty hunters are a good place to start.
It will be interesting to watch China's mortality numbers and causes of death around newly industrialized areas in the coming decade or so.
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
Romney Abandons Deficit Mania
"Romney’s new economic plan this week is highly significant. It signals that the era of Republican fiscal conservatism will come to an end if he is elected."
"Romney is proposing a 20 percent across-the-board tax cut, to be paid for by unspecified spending cuts, unspecified reductions in tax deductions, and — crucially — “economic growth.” Overjoyed conservatives, who until now had been flaying Romney for his insufficient commitment to the cause of supply-side economics, are now displaying the love they had been withholding. The Wall Street Journal editorial page and the Washington Examiner bestow upon Romney the sacred appellation of Reaganism. Reagan, of course, was not what you would call a deficit-slayer. Neither was George W. Bush, who also pursued a Reagan-esque budget vision. Romney is likewise signaling that, should he take office, the emphasis will turn away from deficits and toward “growth,” defined as minimizing tax rates for the rich."
"Supply-side economics is a theology immune from real-world revision. The significance of Romney’s announcement is that he is allying himself wholesale with the supply-side worldview. He is embracing the Republican governing doctrine of regressive debt-financed tax cuts. Spending cuts would be nice, but tax cuts for the rich are essential. If Romney wins, the agenda will increasingly come to focus on “growth,” and his party’s monomania with debt will be increasingly quaint."
Romney Abandons Deficit Mania -- Daily Intel
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
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
In 2007, the top 1% paid $115 billion less in federal income tax than they would have had the Clinton tax rates from a decade earlier still been in effect. That's $115 billion in a single year. Money that was imply handed to the already wealthy free of charge. It was plain old vote-buying Republican welfare-for-the-rich who -- thanks to Bush -- were able to cut in line to feed from the public trough and suck from the public teat. What a disgusting display.
sure you do. How do you pretend you made all that money? You claim to be some non-profit director. Sounds like a trust fund baby to me. What relevant fields? class warfare? whining about the rich to advance your far leftwing welfare socialist agenda
the rich paid way too much under clinton and they still pay too much now: only when the rich are paying the same amount of the income tax burden as their share of the income (now about 22%) will they be paying the proper amount and that still means they will be paying far more than what they use
your pathetic rants that those who pay 40% of the income tax are sucking from the public trough is nothing more than trustafarian Nonsense