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which best describes your view of the inheritance tax?

which best describes your view of the inheritance tax?

  • There should be no inheritance tax of any amount of money or assets.

    Votes: 64 50.8%

  • The first 5 million dollars should be exempt. After that the tax rate should be 35%.

    Votes: 20 15.9%

  • The first 5 million dollars should be exempt. After that the tax rate should be 50%.

    Votes: 10 7.9%

  • The first 1 million should be exempt. After that the rate should be 50%.

    Votes: 18 14.3%

  • No exempt amount. Tax at 35% from the get-go.

    Votes: 7 5.6%

  • No exempt amount. Tax at 50% from the get-go.

    Votes: 1 0.8%

  • Abolish all inheritance. In other words, tax 100%.

    Votes: 6 4.8%
  • Total voters
    126
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haymarket said:
New owner of the money since it changed hands. New tax on it with the new owner. Thus, it has not already been taxed on current owner.

That is the way money works. The same money is taxed again and again and again when it changes hands - just like an inheritance.
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Centinel said:
So just to be clear, your position is that any time money changes hands, that money represents income to the new owner and ought to be taxed?
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haymarket said:
My position is that $800,000.-- earned in wages should be taxed on the same schedule as $800,000.00 in capital gains or $800,000.00 in inheritance money.
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So are you saying that any time money changes hands, that you regard the recipient of the money as having received income? It's a simple question; I'm not sure why you're dodging.
 
Centinel said:
So are you saying that any time money changes hands, that you regard the recipient of the money as having received income? It's a simple question; I'm not sure why you're dodging.
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It looks like a semantic trap you are laying. Can you say OATMEAL? I have made my position clear. My position is that $800,000.-- earned in wages should be taxed on the same schedule as $800,000.00 in capital gains or $800,000.00 in inheritance money.
 
Centinel said:
So are you saying that any time money changes hands, that you regard the recipient of the money as having received income? It's a simple question; I'm not sure why you're dodging.
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haymarket said:
It looks like a semantic trap you are laying. Can you say OATMEAL? I have made my position clear. My position is that $800,000.-- earned in wages should be taxed on the same schedule as $800,000.00 in capital gains or $800,000.00 in inheritance money.
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I'll take that as a no.
 
haymarket said:
I really don't give a bag of leaky manure how you take it.
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You're right. How I take it is less important than how the audience takes it. I'm sure they see your dodge and know you are weaseling out.
 
haymarket said:
Your question was about a spouse inheriting. The premise you were operating under was a false one. I gave you both the law and an explanation of the terms in the law.

You were operating under a false premise. What more do you require that you do not already have?
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well, i guess the next time i want your opinion on a matter, i'll just go read what the IRS has to say and put those words in your mouth..

talk about being a statist.. jeez " i have no opinion of my own beyond what the government/law tells me".

peachy.
 
haymarket said:
My position is that $800,000.-- earned in wages should be taxed on the same schedule as $800,000.00 in capital gains or $800,000.00 in inheritance money.
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you really don't want that if it deals with dividends-you want dividends taxed at 61%
 
Thrilla said:
well, i guess the next time i want your opinion on a matter, i'll just go read what the IRS has to say and put those words in your mouth..

talk about being a statist.. jeez " i have no opinion of my own beyond what the government/law tells me".

peachy.
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yet while he praises the income tax as being perfect since the people through their representatives have decreed it to be fair but he howls about the investment rates which of course come from the same ruling body
 
LaMidRighter said:
So what's the answer?
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Here is part one of the answer:

My position is that $800,000.-- earned in wages should be taxed on the same schedule as $800,000.00 in capital gains or $800,000.00 in inheritance money.
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It is basic English and should be at your reading level.

Part two of my answer could probably be seen by Ray Charles - and he is both blind and dead.

It has been made abundantly clear that LA and Centinel see me as a sworn enemy of their ideology and must do everything in their power to attack at every possible opportunity. engaging in the oatmeal absurdities - which have already been roundly discredited by others and myself - only prove this and now yoru attempt to resurrect your own strawman zombies tell everyone what they need to know about you and your motivations.

Honest debate about the inequities and unfairness of capital gains and inheritance exemptions providing discriminatory preferences being two examples.

As all of you know, and has already been pointed out days ago when this first strawman was trotted out of the barn, our system distinguishes between responsibilities to children as well as normal gifts of a certain monetary level which are outside normal laws on exchange of wealth and gifts. That factual reality is good enough for 311 million Americans who know the difference between a birthday present and an inheritance of $800,000.00. Of course, they are not right leaning libertarians who mistakenly they are as clever as David Blaine with a deck of marked cards.
 
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Thrilla said:
well, i guess the next time i want your opinion on a matter, i'll just go read what the IRS has to say and put those words in your mouth..

talk about being a statist.. jeez " i have no opinion of my own beyond what the government/law tells me".

peachy.
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Why do I need to have an opinion on the matter of your false beliefs about anything?
 
Centinel said:
You're right. How I take it is less important than how the audience takes it. I'm sure they see your dodge and know you are weaseling out.
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The next time you go to a state wide right wing libertarian meeting take a poll and see how the three of you voted.
 
haymarket said:
Manure is more useful than that dishonest slur.
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dishonest

Lets review

you want dividends taxed at the same rate as earned income

you want the top bracket to be at least 40%

take one million in corporate profit that is being distributed to me (a top one percenter)

350K is taken from that pool by the federal government in corporate taxes leaving 650K

40% taken from that remaining 650K at the distribution level

that is 260K

leaving 390K for me and the parasitic government takes 610K
 
haymarket said:
The next time you go to a state wide right wing libertarian meeting take a poll and see how the three of you voted.
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the left is always great in justifying its idiocy by appealing to quantity and mediocrity rather than quality and merit
 
haymarket said:
Here is part one of the answer:



It is basic English and should be at your reading level.

Part two of my answer could probably be seen by Ray Charles - and he is both blind and dead.

It has been made abundantly clear that LA and Centinel see me as a sworn enemy of their ideology and must do everything in their power to attack at every possible opportunity. engaging in the oatmeal absurdities - which have already been roundly discredited by others and myself - only prove this and now yoru attempt to resurrect your own strawman zombies tell everyone what they need to know about you and your motivations.

Honest debate about the inequities and unfairness of capital gains and inheritance exemptions providing discriminatory preferences being two examples.

As all of you know, and has already been pointed out days ago when this first strawman was trotted out of the barn, our system distinguishes between responsibilities to children as well as normal gifts of a certain monetary level which are outside normal laws on exchange of wealth and gifts. That factual reality is good enough for 311 million Americans who know the difference between a birthday present and an inheritance of $800,000.00. Of course, they are not right leaning libertarians who mistakenly they are as clever as David Blaine with a deck of marked cards.
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Ah, so you want to change the definition of income in order to double and triple tax people who make more money than you deem unacceptable. In other words whatever you feel is the truth is sufficient as information. Good to know.
 
TurtleDude said:
the left is always great in justifying its idiocy by appealing to quantity and mediocrity rather than quality and merit
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The right libertarian forgets - or perhaps pretends is a better word - that in a democratic republic the opinion of the citizens are pretty damn important.
 
LaMidRighter said:
Ah, so you want to change the definition of income in order to double and triple tax people who make more money than you deem unacceptable. In other words whatever you feel is the truth is sufficient as information. Good to know.
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I have no idea what you are talking about.

I would be happy to look at the absolute official last word that the entire world agrees on the definition of every word that we debate here.

Can you now provide them?
 
haymarket said:
The right libertarian forgets - or perhaps pretends is a better word - that in a democratic republic the opinion of the citizens are pretty damn important.
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Actually no it isn't. What IS important is the constitution and NOT what the polls say.
 
haymarket said:
The right libertarian forgets - or perhaps pretends is a better word - that in a democratic republic the opinion of the citizens are pretty damn important.
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most people haven't a clue

indeed more people are able to tell you who the two finalists of the last AMERICAN IDOL were than name their own state's two senators. That is why the dems spew the crap about the rich not paying their fair share. It enrages the sheeple
 
Thrilla said:
like i said, when i want to know what you think, i'll check with Uncle Sam... you are not needed any longer.
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I have no reason to think anything about your silly beliefs about spouses and the estate tax that are false from the get go. I provided you with the information that showed your question was blatantly foolish and without merit and you were ignorant of the reality of the situation.

So now you continue to whine that I have not given my opinion on your delusions? Amazing.
 
haymarket said:
I have no idea what you are talking about.

I would be happy to look at the absolute official last word that the entire world agrees on the definition of every word that we debate here.

Can you now provide them?
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Stillballin' already spelled out what income is. You are arguing an incompatible definition, what part of my argument are you not understanding?
 
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