View Poll Results: which best describes your view of the inheritance tax?

Voters
153. You may not vote on this poll
  • 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%
Page 23 of 195 FirstFirst ... 1321222324253373123 ... LastLast
Results 221 to 230 of 1947

Thread: which best describes your view of the inheritance tax?

  1. #221
    Banned
    Join Date
    Oct 2011
    Location
    Penn's Woods
    Last Seen
    09-01-12 @ 09:09 PM
    Lean
    Independent
    Posts
    2,984

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

    Quote Originally Posted by haymarket View Post
    YOu seem to inhabit a reality (if that is the correct term) where everything is 100% black or white, good or evil, one way or the other way and there is nothing in between the extremes. Do you understand that one can make a basic distinction between the money that a parent spends to feed their family and the millions of dollars a parent gives to their progeny in inheritance?

    Or is that distinction too confusing for you?
    No, it's not confusing at all. In fact, I do make such distinctions. I have been trying to point out the absurdity of NOT recognizing them. You are the one who want to apply a hard and fast, black and white rule.

    Quote Originally Posted by haymarket View Post
    Actually not. We can define what it income any way we want to define it as long as it involves money or wealth being acquired by a person that they did not previously have as their own. There are no hard and fast rules for the acquisition of money or wealth and a fine line between what is income and what is not. This equal exchange of value nonsense is but one example of making crap up as you go along to fit what you want the definition to say. Last night one poster went on and on and on about it until he finally had to admit it was simply his own personal belief and not a law or a principle.

    INCOME - money COMES IN to a persons pocket or account. INCOME/ COME IN/ INCOME/ COME IN. Get it now? Its not that hard to see.
    I totally disagree with this blanket statement of yours that whenever money moves from one person to another that the recipient has received income. For example, I don't believe that when a parent gives money to a child this is income. However, your black and white rule clearly states that money being transferred from one person to another is income.

    So which is it? Does your 100% black and white rule apply all the time, or are there exceptions? If I send my adult child a couple hundred bucks so he can take his wife to dinner and a show, is that income or not?

  2. #222
    Discount Philosopher
    specklebang's Avatar
    Join Date
    Jan 2012
    Location
    Las Vegas
    Last Seen
    06-05-14 @ 08:26 PM
    Lean
    Other
    Posts
    11,524

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

    I prefer to get rid of the taxes that annoy me and let the people who are inheriting over 3 million dollars fend for themselves. They can just vote Republican since eliminating and/or mitigation of taxes on the "over 3 million" set is their number one priority.

    BTW, if you send me a check for say, $100K, I'll consider it "free money". Delicious!

    Quote Originally Posted by TurtleDude View Post
    so lets get rid of this surcharge on high tax payers and then deal with the ones that annoy everyone


    "free money" LOL

  3. #223
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 12:21 PM
    Lean
    Undisclosed
    Posts
    90,037

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

    Quote Originally Posted by Luna Tick View Post
    Haymarket, you've mainly focused on definitions of income. What about the examples in this thread of people inheriting a business and having to sell it or struggle to come up with the taxes or maybe lay people off? There was the example of the people who inherited the Miami Dolphins, but not being able to keep the team. There was the example of the people inheriting the chain of restaurants.

    Don't you want the people who inherit a business to be able to keep it?
    There are first healthy exemptions.
    Second, the top tax is 35%. That leaves a whole helluva lot left.

    I would very much like to know the details about the case of the Dolphins before I pass judgment.
    __________________________________________________ _
    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

  4. #224
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 12:11 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,769

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

    Quote Originally Posted by specklebang View Post
    I prefer to get rid of the taxes that annoy me and let the people who are inheriting over 3 million dollars fend for themselves. They can just vote Republican since eliminating and/or mitigation of taxes on the "over 3 million" set is their number one priority.

    BTW, if you send me a check for say, $100K, I'll consider it "free money". Delicious!
    that is pretty stupid a comment.

  5. #225
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 12:21 PM
    Lean
    Undisclosed
    Posts
    90,037

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

    Quote Originally Posted by Centinel View Post
    No, it's not confusing at all. In fact, I do make such distinctions. I have been trying to point out the absurdity of NOT recognizing them. You are the one who want to apply a hard and fast, black and white rule.



    I totally disagree with this blanket statement of yours that whenever money moves from one person to another that the recipient has received income. For example, I don't believe that when a parent gives money to a child this is income. However, your black and white rule clearly states that money being transferred from one person to another is income.

    So which is it? Does your 100% black and white rule apply all the time, or are there exceptions? If I send my adult child a couple hundred bucks so he can take his wife to dinner and a show, is that income or not?
    We have been through this and I have told you that is not my view about a parent and a child and his oatmeal. Why do you dishonestly keep beating that same phony drum?
    __________________________________________________ _
    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

  6. #226
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 12:11 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,769

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

    Quote Originally Posted by haymarket View Post
    We have been through this and I have told you that is not my view about a parent and a child and his oatmeal. Why do you dishonestly keep beating that same phony drum?
    when you get done chiding Centinel about phony drums perhaps you could do the same those who claim average working people are paying higher federal income tax rates than Romney's effective rate of about 15%

    or chide them for the blatant dishonesty of including into those working class tax rates all sorts of non-progressive taxes

    thanks. there are lots of wannabee keith moons on your side of the class warfare divide

  7. #227
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 12:21 PM
    Lean
    Undisclosed
    Posts
    90,037

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

    Quote Originally Posted by TurtleDude View Post
    remind me where something the founders wrote that actually impacts on the law has such sentiments in it
    I and others already did.

    You were given an extensive article.

    And here are some quotes from it on the founders. These are some of the people you frequently you invoke when they agree with you.... or at least you think they do.

    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."
    __________________________________________________ _
    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

  8. #228
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 12:21 PM
    Lean
    Undisclosed
    Posts
    90,037

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

    Quote Originally Posted by TurtleDude View Post
    when you get done chiding Centinel about phony drums perhaps you could do the same those who claim average working people are paying higher federal income tax rates than Romney's effective rate of about 15%

    or chide them for the blatant dishonesty of including into those working class tax rates all sorts of non-progressive taxes

    thanks. there are lots of wannabee keith moons on your side of the class warfare divide
    You do make this up as you go along.
    __________________________________________________ _
    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

  9. #229
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 12:21 PM
    Lean
    Undisclosed
    Posts
    90,037

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

    Quote Originally Posted by TurtleDude View Post
    If we had things our way there would be no death tax and you and I would be paying the same rate or same amount of taxes or I would have more votes than you since I pay more taxes

    and your RICH liberal masters in the dem party want more taxes-its how they get power from the votes of people who feel like you
    If you say that a thousand times it does not make it correct or right. You are still confusing apples and cinderblocks and chipping your teeth on that hard grey pie filling.

    Your elitist view of voting rights is anathema to the USA, its people and its Constitution. Thank heaven that you are a very tiny minority with such dangerous anti-American beliefs and ideas. People like you with those anti-citizen ideas would destroy this nation.
    __________________________________________________ _
    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. #230
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 12:11 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,769

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

    Quote Originally Posted by haymarket View Post
    I and others already did.

    You were given an extensive article.

    And here are some quotes from it on the founders. These are some of the people you frequently you invoke when they agree with you.... or at least you think they do.
    in the law that wouldn't even be classified as dicta.

    I guess the other founders rejected his sentiments. Jefferson also died with a debt higher than the government's. Didn't they call him the First Democrat?

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •