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. #31
    Sage

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

    Quote Originally Posted by TurtleDude View Post
    NO what would be fairer is that if you crave the government take more wealth from people the taking is at the same rate for everyone
    Again, you confuse apples and cinderblocks and wonder how you chipped your teeth on that hard grey pie filling.
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  2. #32
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by kenvin View Post
    Government runs on taxes. I see no reason a chemist or Dr. Should pay more on the money they recieve than someone who didn't even earn it.
    Because they pay as they earn it, the money you are laying claim to has been taxed at least once and sometimes more than twice. You are talking about further taxing already taxed money with no actual justification other than empty emotion. That is why.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

  3. #33
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by kenvin View Post
    Government runs on taxes. I see no reason a chemist or Dr. Should pay more on the money they recieve than someone who didn't even earn it.
    so what did you or the government do that more entitles you to the money than the person who earned it and bequeaths it?

    this government has far too much money and wastes far too much money. It has expanded beyond any reasonable boundary

  4. #34
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by StillBallin75 View Post
    It makes no sense to do so. Transfer payments from one individual to another don't fall under "national income,' and moreover, that wealth in transfer has at one time or another already been taxed as income. That is my argument for why they should not be taxed.

    If you give a friend $5 bucks for losing a bet, should that be taxed? Or simply considered a transfer of wealth between two individuals and left alone?
    News flash for you: virtually all money has been axed previously in one form or another before it gets in your pocket and is taxed again and will be taxed again down the road many times.

    And that money has NEVER been taxed by the new owner of it - and that who is responsible for the tax. It works the same with income.... of which this is no different.
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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. #35
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by LaMidRighter View Post
    Because they pay as they earn it, the money you are laying claim to has been taxed at least once and sometimes more than twice. You are talking about further taxing already taxed money with no actual justification other than empty emotion. That is why.
    The reality is that almost all money is taxed repeatedly from new owner to new owner. That is the nature of the beast.
    __________________________________________________ _
    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. #36
    warrior of the wetlands
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Again, you confuse apples and cinderblocks and wonder how you chipped your teeth on that hard grey pie filling.
    You need to find another analogy to justify your desire for the government to take yet more money from people

    you obviously believe that the government needs more money and those who earn it don't have a right to control what is done with it even after paying massive taxes on it

  7. #37
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    The reality is that almost all money is taxed repeatedly from new owner to new owner. That is the nature of the beast.
    More lies-as I have illustrated. If you work for me I pay you money I was taxed on and then you are taxed on it

    If I buy something the seller will be taxed on it as income

    but in both cases there is an exchange of value. I guess you want to tax loans as well

    In fact I suspect you want to tax tax tax tax because you clearly indicate that the government is more entitled to peoples' wealth than they are and you operate under the belief that the government truly needs MORE money which of course will cause it to NEED even more money down the road

  8. #38
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    News flash for you: virtually all money has been axed previously in one form or another before it gets in your pocket and is taxed again and will be taxed again down the road many times.

    And that money has NEVER been taxed by the new owner of it - and that who is responsible for the tax. It works the same with income.... of which this is no different.
    Newsflash for YOU. Taxing money more than once is supposed to be ILLEGAL, your type has ignored that over the years to the detriment of American tax contributors and businesses.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

  9. #39
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    You need to find another analogy to justify your desire for the government to take yet more money from people

    you obviously believe that the government needs more money and those who earn it don't have a right to control what is done with it even after paying massive taxes on it
    You badly misread the analogy. It is for you and your inability to keep two different things separate in your mind and in your arguments.

    Apples and cinderblocks - your confusion with a progressive tax rate and taxing capital gains as regular income like everything else... or in this case inheritance wealth being taxed as normal income.
    __________________________________________________ _
    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. #40
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by LaMidRighter View Post
    Newsflash for YOU. Taxing money more than once is supposed to be ILLEGAL, your type has ignored that over the years to the detriment of American tax contributors and businesses.
    this constant desire for the government to have more of our money to waste is really disgusting in my mind.

    Is there anyone who can honestly say that the government is lean mean efficient and frugal with our tax dollars

    and why are some people so willing to make OTHERS pay more even if those OTHERS already pay far more than those who are so generous with the wealth they had no part in earning?

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