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. #181
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    "There should be no difference"!!!!!!

    You cannot tell the qualitative difference between giving your kid a meal or pair of pants or shoes and the passing to them of a fortune worth millions!?!?!?!?!?!

    We most certainly are in Wonderland without even the quirky humor of the Mad Hatter to console us!!!!
    there are differences but the main issue-in either case its none of your business

  2. #182
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    I guess that is the Democrat defending position

    His children had long grown and he was out of office for years before moving
    Does the idea of a senior citizen moving from a cold weather state to Florida somehow normally translate into an excuse for supporting the tenets of right wing extremism?
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  3. #183
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    there are differences but the main issue-in either case its none of your business
    Tell that to some of our sainted founding fathers who had views on wealth very very different that the right wing perspective today.

    http://hnn.us/articles/134453.html

    please read the entire article.... here is a small section

    Today's debate echoes that of the nation's founders in another, more profound way. Does allowing a small number of families to accumulate great wealth -- increasing from generation to generation -- harm democracy? The United States Constitution's ban on inherited titles met with unanimous approval because of the perceived threat posed by lords and earls to a democratic republic. Similarly, Americans have always understood that establishing a small group of families with seemingly unlimited wealth, social privilege, and political power undermines a fundamental American principle: that all citizens are legally and politically equal.

    Some founders wanted to eliminate inheritance entirely. In a letter to James Madison, Thomas Jefferson suggested that all property be redistributed every fifty years, because"the earth belongs in usufruct to the living." Madison gently pointed out the plan's impracticality. Benjamin Franklin unsuccessfully pushed for the first Pennsylvania constitution to declare concentrated wealth"a danger to the happiness of mankind."
    You seem eager to limit the rights of an American citizen to participate in the politics and governing of this great land. Why is that?
    Last edited by haymarket; 01-29-12 at 08:22 PM.
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  4. #184
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Does the idea of a senior citizen moving from a cold weather state to Florida somehow normally translate into an excuse for supporting the tenets of right wing extremism?
    take it up with the website I cited.

    but I know for a fact that my father in law, who has had a place in Florida for decades switched his tax residence to Florida to avoid the taxes. He keeps a calendar to make sure he spends the requisite number of days in Florida so as to not run afoul of the law. which means he spends maybe two weeks more in florida than he has in the past.

  5. #185
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Tell that to some of our sainted founding fathers who had views on wealth very very different that the right wing perspective today.

    History News Network

    You seem eager to limit the rights of an American citizen to participate in the politics and governing of this great land. Why is that?
    No I tire of people who think that they are entitled to the wealth of others because they exist in the same geopolitical boundaries as the wealthy do

  6. #186
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    Re: which best describes your view of the inheritance tax?

    I guess that is the Democrat defending position

    His children had long grown and he was out of office for years before moving
    So he wanted to move to Florida....whopp tee doo.

  7. #187
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by winston53660 View Post
    So he wanted to move to Florida....whopp tee doo.
    another bit of irrelevance-the burning need to respond without having any argument to use

  8. #188
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    Re: which best describes your view of the inheritance tax?

    If you aren't going to inherit anything then it's a no brainer. NO tax for those who will inherit. Cuz really, it's none of your business. It's a family matter. If you are going to inherit something....regardless of how much, why in the hell would anybody want the government to get a penny?

  9. #189
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    another bit of irrelevance-the burning need to respond without having any argument to use

    Maybe you should try presenting a a valid argument in the first place instead of innuendo.

  10. #190
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by winston53660 View Post
    Maybe you should try presenting a a valid argument in the first place instead of innuendo.

    I did present a valid argument you ignored-states with high income and death tax rates lose rich residents to more friendly states

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