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. #741
    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
    There goes playing the ENVY CARD again.

    Presluc clearly compared winning the lottery with an accident of birth which is just a different lottery win. We tax one - so fairness dictates we tax the other. There was no ENVY in is post.
    its accurate. when someone whines about someone else being lucky, that is oozing envy. and a lottery win is far different than an inheritance. anyone knows that and can see the difference

  2. #742
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    its accurate. when someone whines about someone else being lucky, that is oozing envy. and a lottery win is far different than an inheritance. anyone knows that and can see the difference
    How is making an accurate observation "whining"? Why is disagreeing with your perspective "whining"?

    Lets see now - the person who bought a lottery ticket invested in it... so right away that is different than the one who inherits by accident of birth. And then the lottery ticket winner may even have gone through the work of selecting the winning numbers while the one who inherits only got born to the right mommy.

    So I guess there is a difference after all in favor of the lottery ticket winner who showed a bit more ingenuity as well as industry.

    But I still see no ENVY.
    Last edited by haymarket; 02-05-12 at 03:42 PM.
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  3. #743
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    How is making an accurate observation "whining"? Why is disagreeing with your perspective "whining"?

    Lets see now - the person who bought a lottery ticket invested in it... so right away that is different than the one who inherits by accident of birth. And then the lottery ticket winner may even have gone through the work of selecting the winning numbers while the one who inherits only got born to the right mommy.

    So I guess there is a difference after all in favor of the lottery ticket winner who showed a bit more ingenuity as well as industry.

    But I still see no ENVY.
    such silly nonsense. a lottery is a wager. winning it is based purely on luck

    an inheritance is based solely on the desire of the person who EARNED the money.

    and when someone whines that others should be taxed because they are lucky that OOZES ENVY

  4. #744
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    such silly nonsense. a lottery is a wager. winning it is based purely on luck

    an inheritance is based solely on the desire of the person who EARNED the money.

    and when someone whines that others should be taxed because they are lucky that OOZES ENVY
    Filling ones diapers in the right family does not constitute EARNING anything. The one who did earn it (and that is an assumption that may be false on its face) has no right to subvert the laws of the land.

    I see no ENVY in anyone wanting a more just national tax policy.
    Last edited by haymarket; 02-05-12 at 04:10 PM.
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  5. #745
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    that is oozing envy. You are upset that some have luck and some don't. The purpose of government is not to even things out.
    I envy no person nor would I trade places with any person.

    The purpose of the government is in fact to even things out.
    After all the document states WE THE PEOPLE, not if you're rich never mind.
    We the people pay into the government what we can.
    Or is this document wrong?
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  6. #746
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    its accurate. when someone whines about someone else being lucky, that is oozing envy. and a lottery win is far different than an inheritance. anyone knows that and can see the difference
    Here's a history lesson for ya Turtle,
    In the 1700's Some King in England decided to have some colonist pay an unfair tax while the Enlish landowners and military got a pass.
    The Colonist didn't like that idea they wanted a square deal .
    Sound familar, think American Revolutionary War.
    Unfair tax was unfair then it still is today.
    Tiki bar regular.
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  7. #747
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    such silly nonsense. a lottery is a wager. winning it is based purely on luck

    an inheritance is based solely on the desire of the person who EARNED the money.

    and when someone whines that others should be taxed because they are lucky that OOZES ENVY
    Really let's get to the heart of the matter.
    Hypotedical situation.

    I have a will leaving everything I own to my girlfriend.
    I go out by a lottery ticket win 10 million ,have a heart attack before I cash in the ticket.
    Now my girlfriend inherites everything.
    Question, when she cashes in the lottery ticket would she still have to pay taxes on it.
    After all she did inherit the 10 million so no inheritace tax right?
    Wrong all lottery tickets have taxes taken out. inherited or not.
    Tiki bar regular.
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  8. #748
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by TurtleDude View Post
    gambling doesn't create anything of value nor does it benefit society as a whole as investment does
    Now you're getting down to manipulation of the system, which is what this is all about. If something is deemed "beneficial" (whatever THAT means) then it's OK to fudge things a bit - is that what you're saying?

    And what about interest on savings or investments that aren't specifically Corporate investments? If I loan Joe the money to buy a car so he can get to work isn't that beneficial to society? But if I ask and get interest from Joe then I have to report that interest and pay taxes on it at the same rate as earned income, just as I have to pay the full rate on interest income I get from some bank accounts. Not sure I'm seeing a difference in "investment" here.

    As for Corporate taxes adding to the taxes paid on dividends, well, the law says C-Corp is a "person" and recently backed that up by giving it First Amendment Rights to contribute to political campaigns. I gotta' tell ya, C-Corp is looking less and less like "investment" and more like Joe every day.

  9. #749
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by presluc View Post
    I envy no person nor would I trade places with any person.

    The purpose of the government is in fact to even things out.
    After all the document states WE THE PEOPLE, not if you're rich never mind.
    We the people pay into the government what we can.
    Or is this document wrong?
    that is an excellent point. The very start of the US Constitution tells us why the document was written in giving us the structure and powers of government. Among the purposes is
    *** to from a more perfect union
    *** to establish justice
    *** to insure domestic tranquility
    *** to promote the general welfare

    As much as right wingers loathe some of those objectives and the programs necessary to achieve them, its right there at the very beginning of the Constitution telling the nation and the world what the governments purpose is.
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  10. #750
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    Re: which best describes your view of the inheritance tax?

    Quote Originally Posted by haymarket View Post
    Filling ones diapers in the right family does not constitute EARNING anything. The one who did earn it (and that is an assumption that may be false on its face) has no right to subvert the laws of the land.

    I see no ENVY in anyone wanting a more just national tax policy.
    there is that envy thing again. You seem to conveniently forget that being born to a wealthy man in no way guarantees you will be in his will. That is what you and the others who are upset that others have more industrious parents seem to miss. The rest of that post is a false appeal to fascism

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