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. #661
    warrior of the wetlands
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by Viktyr Korimir View Post
    Individuals don't pay taxes. Households pay taxes. Families pay taxes, and taxing inheritance is taxing the same family for the same income twice. The estate tax is just one more way that liberals are attempting to replace American families with American government.
    This might be the best post I have seen on this issue

  2. #662
    Klattu Verata Nicto
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    This might be the best post I have seen on this issue
    Nailed it in three sentences.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

  3. #663
    Sage

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

    Quote Originally Posted by Viktyr Korimir View Post
    Individuals don't pay taxes. Households pay taxes. Families pay taxes, and taxing inheritance is taxing the same family for the same income twice. The estate tax is just one more way that liberals are attempting to replace American families with American government.
    Baloney. We don't prosecute or jail households for non payment of taxes. We don't prosecute or jail families for non payment of taxes.

    http://www.irs.gov/publications/p501/ar02.html

    I see where one can file as an individual. I see where a married couple can file a joint return.

    Where is the form for filing as a family and paying taxes as a family?
    Last edited by haymarket; 02-03-12 at 11:13 PM.
    __________________________________________________ _
    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. #664
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    This might be the best post I have seen on this issue
    Well it certainly is one of the most false.

    http://www.irs.gov/publications/p501/ar02.html
    Last edited by haymarket; 02-03-12 at 11:14 PM.
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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. #665
    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
    Well it certainly is one of the most false.
    false being something that slaps your desire to bleed more money from people and give it to a wasteful bloated government

  6. #666
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    false being something that slaps your desire to bleed more money from people and give it to a wasteful bloated government
    False being a FALSE statement that does not hold up beyond even a two second google search of the IRS regulations as indicated in the above posts.

    Publication 501 (2011), Exemptions, Standard Deduction, and Filing Information

    Of course, if one is a fan of the Indiana Jones "I make it up as I go along" method of debate, I can see the appeal to that sort of methodology.
    __________________________________________________ _
    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

  7. #667
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    False being a FALSE statement that does not hold up beyond even a two second google search of the IRS regulations as indicated in the above posts.

    Publication 501 (2011), Exemptions, Standard Deduction, and Filing Information

    Of course, if one is a fan of the Indiana Jones "I make it up as I go along" method of debate, I can see the appeal to that sort of methodology.
    I am remembering what Thrilla said to you. a tax on a man is a tax on his family. the more he pays the less he can spend on his wife and children. the more a parasitic government takes from him at death the less his children have.

    tell us Haymarket, why are you so enamored with the government taking so much from some

  8. #668
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    I am remembering what Thrilla said to you. a tax on a man is a tax on his family. the more he pays the less he can spend on his wife and children. the more a parasitic government takes from him at death the less his children have.

    tell us Haymarket, why are you so enamored with the government taking so much from some
    Anybody can say anything. The facts and reality says something completely different.

    Publication 501 (2011), Exemptions, Standard Deduction, and Filing Information

    But feel free to prove me wrong by providing the link to the IRS form on filing as a family. I believe it would be in the Indiana Jones section of the tax code.
    Last edited by haymarket; 02-03-12 at 11:23 PM.
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  9. #669
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Anybody can say anything. The facts and reality says something completely different.

    Publication 501 (2011), Exemptions, Standard Deduction, and Filing Information
    I still await an explanation of why, of all the posters on this board, you are the most animated and active defender of the death tax.

  10. #670
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    I still await an explanation of why, of all the posters on this board, you are the most animated and active defender of the death tax.
    I know nothing of any death tax in the USA. And you have been informed of that for a time beyond calculation or counting.
    __________________________________________________ _
    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

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