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 29 of 195 FirstFirst ... 1927282930313979129 ... LastLast
Results 281 to 290 of 1947

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

  1. #281
    Sage
    teamosil's Avatar
    Join Date
    Oct 2009
    Location
    San Francisco
    Last Seen
    05-22-14 @ 12:47 AM
    Gender
    Lean
    Liberal
    Posts
    6,623

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

    Quote Originally Posted by MaggieD View Post
    Over what period of time? And don't talk to me about revenues. Talk to me about spending cuts. $3 trillion over how long? Dems proposed cutting $2 trillion...over how long? Our national debt stands at $48,000 for every man, woman and child in the USA. It's been increasing at a rate of $3.94 billion per day since 9/07.
    We can't talk about deficit reduction without talking about revenues. We have to fight the deficit on all three fronts- revenues, domestic spending and military spending. It isn't realistically possible to make up $1.4 trillion/year out of any one of those three buckets. We need to spread it across all three.

    The hangup right now that is preventing us from reducing the deficit is the Republicans. The Democrats have compromised. They've agreed to do domestic spending cuts they don't want to make. The Democrats are consistently proposing larger deficit reduction packages than the Republicans these days. But the Republicans are refusing to cut military spending or increase revenues. The are unwilling to address 2/3 of the problem and the Democrats aren't willing to just let them try to take it all out of the middle class.

    The $4 trillion in deficit reduction Obama proposed and the $3 trillion the super committee Democrats proposed were both over 10 years.
    Total tax rates- People living in poverty: 16.2%. The median American: 27%. Working people who make over $140k/year: 31%. The top 1%: 30%. Super rich investors: around 15%. Help the democrats retake the house.

  2. #282
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 08:55 PM
    Lean
    Undisclosed
    Posts
    89,590

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

    Quote Originally Posted by TurtleDude View Post
    I pay over 45% on those dividends. and you forget that I pay far more actual tax dollars than 99% of America

    quit whining. My overall effective federal tax rate is much higher than most of America

    and my family has paid millions in death taxes-again quit whining
    Here is what you said

    I pay 15% on investment income-the HIGHEST RATE
    So now its suddenly tripled!?!?!?!?

    And I have not forgotten what you claim to pay. I simply do not care about its irrelevancy to any discussion of a national tax policy for 311 million Americans.
    __________________________________________________ _
    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

  3. #283
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 09:02 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,539

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

    Quote Originally Posted by haymarket View Post
    Do you not know the difference between the past and what could yet come?

    As I said, your rants about corporate power suggests you watched Roller Ball or Soylent Green a few too many times but we know what happens with big government. perhaps those on the conspiracy thread can help you speculate

    later I have to work tomorrow to feed a bunch of dem voters

  4. #284
    Banned
    Join Date
    Mar 2009
    Location
    Naperville, IL
    Last Seen
    09-24-12 @ 02:14 PM
    Gender
    Lean
    Moderate
    Posts
    11,963

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

    Quote Originally Posted by TurtleDude View Post
    given the massive income taxes which did not really exist when the "reason" for the death tax was created already tax the rich plenty this abomination should be abolished. Any politician who would try to impose a 100% tax hopefully would lose his office-or worse-immediately

    the inheritance tax is designed to appeal to envy and is a most inefficient tax-more money is spent trying to avoid it than it raises. the people who most support it are those who benefit from it-democrat politicians, tax lawyers, insurance salesman and some charities who think if it goes away so will donations

    btw it was never designed to raise revenue but to engage in social engineering which is really not a proper role of the federal tax system
    Why do you care?

    It doesn't effect your life in the least.

  5. #285
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 09:02 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,539

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

    Quote Originally Posted by haymarket View Post
    Here is what you said



    So now its suddenly tripled!?!?!?!?
    15% is the highest rate on investment income (not counting short term capital gains)

  6. #286
    Sage
    teamosil's Avatar
    Join Date
    Oct 2009
    Location
    San Francisco
    Last Seen
    05-22-14 @ 12:47 AM
    Gender
    Lean
    Liberal
    Posts
    6,623

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

    Quote Originally Posted by TurtleDude View Post
    Well that is where compromise should occur

    neither party wants to give up on the spending that benefits their constituents.

    Tax hikes should not be part of this. since everyone agrees on spending cuts stick to that

    and your beloved tax hikes on the rich won't do squat

    the only tax hikes that could work are politically impossible-ones that make most of america seething mad at big spending politicians-ie jacking up everyone's taxes equally to cover the debt
    So you're saying that the Democrats should just do exactly what the Republicans want- take it all out of the middle class. Right? And you're calling that "compromise"?
    Total tax rates- People living in poverty: 16.2%. The median American: 27%. Working people who make over $140k/year: 31%. The top 1%: 30%. Super rich investors: around 15%. Help the democrats retake the house.

  7. #287
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 09:02 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,539

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

    Quote Originally Posted by hazlnut View Post
    Why do you care?

    It doesn't effect your life in the least.
    Is this another one of your rants that I am not an attorney? I do care because I do pay the top rates and my current wealth is way beyond what the dems consider an estate worthy to plunder with the death tax

  8. #288
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 08:55 PM
    Lean
    Undisclosed
    Posts
    89,590

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

    Quote Originally Posted by TurtleDude View Post
    Well that is where compromise should occur

    neither party wants to give up on the spending that benefits their constituents.

    Tax hikes should not be part of this. since everyone agrees on spending cuts stick to that

    and your beloved tax hikes on the rich won't do squat

    the only tax hikes that could work are politically impossible-ones that make most of america seething mad at big spending politicians-ie jacking up everyone's taxes equally to cover the debt
    FALSE.

    Many take the position that BOTH SIDES OF THE LEDGER MUST BE DEALT WITH AT THE SAME TIME.
    __________________________________________________ _
    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. #289
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 08:55 PM
    Lean
    Undisclosed
    Posts
    89,590

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

    Quote Originally Posted by TurtleDude View Post
    As I said, your rants about corporate power suggests you watched Roller Ball or Soylent Green a few too many times but we know what happens with big government. perhaps those on the conspiracy thread can help you speculate
    Actually it is from being an educated person with several degrees and over thirty years of teaching government and history as well as other extensive study. But why burst your bubble?
    __________________________________________________ _
    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. #290
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 08:55 PM
    Lean
    Undisclosed
    Posts
    89,590

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

    Quote Originally Posted by TurtleDude View Post
    15% is the highest rate on investment income (not counting short term capital gains)
    then why did you claim this

    I pay over 45% on those dividends.
    __________________________________________________ _
    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

Posting Permissions

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