Where does "class warfare" stop?

#101
#101
so if you make a lot of money you should pay taxes on it while earning it and then give it back to the gov't when you die? Why does the gov't you envision need all that money?
 
#102
#102
Weezy said:
I'm not against the wealthy, but I'm not a fan of inheritance. Everybody should earn theirs. I will do my best to give my kids and grandkids every opportunity to succeed, but I'm not going to just hand them money. I'm dead set for cutting to the bare minimum before any tax increase, but I would support an increase in estate taxes before any others.

That's my class warfare.
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U dont like it so govt should take money from a citizen........crazy!
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#103
#103
Weezy said:
I'm not against the wealthy, but I'm not a fan of inheritance. Everybody should earn theirs. I will do my best to give my kids and grandkids every opportunity to succeed, but I'm not going to just hand them money. I'm dead set for cutting to the bare minimum before any tax increase, but I would support an increase in estate taxes before any others.

That's my class warfare.
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inheritance tax is huge bro. huge. Buffalo Bills ownership will be getting murdered in a couple of years when ol' what's his name kicks the bucket. They are talking about moving team to Toronto for a couple of years to avoid the tax.
 
#106
#106
If you work your whole life and want to leave your money to your children you ought to have that right without fear of the gov't taking more. How is that not double taxation? You've already been taxes on your income.
 
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#107
#107
Weezy said:
I'm not against the wealthy, but I'm not a fan of inheritance. Everybody should earn theirs. I will do my best to give my kids and grandkids every opportunity to succeed, but I'm not going to just hand them money. I'm dead set for cutting to the bare minimum before any tax increase, but I would support an increase in estate taxes before any others.

That's my class warfare.
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After I "earn" mine I should be able to give it to whoever I wish without further penalty/taxes.
 
#108
#108
volinbham said:
I have no problem with inheritance other than the fact I won't be getting one.
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Clearly, then, you're entitled to split someone else's inheritance. In the name of fairness, of course.
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#109
#109
theFallGuy said:
Right right, of course, how could I forget.

I suppose "rich" people also forced them to drop out of high school, have about 3-4 illegitimate kids, not learn proper english and dress like a hobo?

I don't understand why they shouldn't be paid $100,000 a year, they obviously earned it.
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Let's just hyperinflate our currency so that minimum wage is $1 billion. Then Obama can really stick it to the millionaires and billionaires.
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#112
#112
Wow the pitchfork mob really came out in full force for that one. My opinion is that if we are going to fight the defecit with reduced spending and increased revenue, then an inheritance tax will have the least amount of negative effects on the economy. I don't believe that placing increased tax on the +$1M inheritances will in any way slow down wealth creation. At least not as much as any other tax. We have a deficit, you don't solve that by taking all increased revenue off the table (and if you reread my last post, I only support this after spending cuts).
 
#113
#113
so sorry anyone responded to your post

so you're for double taxation as long as the person is rich? How about single taxation no matter the income level?

gov't has plenty of money coming in now and would have more if they would focus on the economy. They do not need increased revenue that doesn't come with an increase in payers
 
#114
#114
Weezy said:
Wow the pitchfork mob really came out in full force for that one. My opinion is that if we are going to fight the defecit with reduced spending and increased revenue, then an inheritance tax will have the least amount of negative effects on the economy. I don't believe that placing increased tax on the +$1M inheritances will in any way slow down wealth creation. At least not as much as any other tax. We have a deficit, you don't solve that by taking all increased revenue off the table (and if you reread my last post, I only support this after spending cuts).
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Would you feel the same way about this if it were your inheritance?
 
#115
#115
I'm saying this forum is and has always been a pitchfork mob. Everybody wonders why there are no intelligent liberal posters here. It's not because they don't exist, pretty much 90% of message board political talk is liberal. The reason it doesn't exist here is because a.)it's a Tennessee based message board and b.) The pitchfork mob only attracts trolls. Only a troll would care to subject themselves to the constant bashing and insults.

Yeah, I'm for double taxation if its the inheritance tax. Is a sales tax double taxation? I'm for that one too.

And I probably wouldn't preach this message if I had a $1M inheritance. Just like a teacher isn't asking for a lower salary, or I'm not protesting against nuclear energy. Doesn't change my opinion. /real talk
 
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#116
#116
Weezy said:
And I probably wouldn't preach this message if I had a $1M inheritance. Just like a teacher isn't asking for a higher salary, or I'm not protesting against nuclear energy. Doesn't change my opinion. /real talk
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So your opinion would remain the same if you were the one having to cough up part of your inheritance because it "wasnt fair"? Its easy to ask others to pick up the tax difference when it isnt you who is going to have to pay for it. IMO
 
#117
#117
Weezy said:
I'm saying this forum is and has always been a pitchfork mob. Everybody wonders why there are no intelligent liberal posters here.
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I wonder that about as much as I wonder about bigfoot, Nessie and the chupacabra
 
#118
#118
Growing the economy will raise far more revenue than any tax on the rich could hope to bring in. I saw somewhere that the Buffet tax would bring in at most a couple of billion a year (no link). Washington spends ~$10bn a day.
 
#119
#119
Weezy said:
Wow the pitchfork mob really came out in full force for that one. My opinion is that if we are going to fight the defecit with reduced spending and increased revenue, then an inheritance tax will have the least amount of negative effects on the economy. I don't believe that placing increased tax on the +$1M inheritances will in any way slow down wealth creation. At least not as much as any other tax. We have a deficit, you don't solve that by taking all increased revenue off the table (and if you reread my last post, I only support this after spending cuts).
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Why is it a pitchfork mob? Just because most disagree with your point - it seems people have just been stating opinion as you have but since it's counter to yours you perceive it as an attack?
 
#120
#120
volinbham said:
Why is it a pitchfork mob? Just because most disagree with your point - it seems people have just been stating opinion as you have but since it's counter to yours you perceive it as an attack?
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he is the only one here who does this? At least he didn't call anyone a bigot. Around VN, you're a bigot if you disagree.
 
#121
#121
BearCat204 said:
So your opinion would remain the same if you were the one having to cough up part of your inheritance because it "wasnt fair"? Its easy to ask others to pick up the tax difference when it isnt you who is going to have to pay for it. IMO
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As far as any tax is "fair", when the estate tax is compared to sales tax, corporate tax, income tax, etc.. it has the lowest argument for what is "fair" because it was not earned by the individual receiving it. The person who earned it is dead. Whatever the individual has earned has no reflection on inheritance. And I'm not recommending taking all of it, but if you're asking me if I care whether an individual receieve $2.5M or $2M for being born into the right family, I don't. I'd rather see that than 15 people making $40k bring in an equivalent of $32k. To close that gap.
 
#122
#122
so you are for and against giving money to people that did nothing to earn it?
 
#124
#124
It's not uncommon for the inheritance to be the assets and working capital of a small to medium business and the inheritance is part of the ongoing business operation. Taxing in these cases definitely can be counter productive.
 
#125
#125
Weezy said:
As far as any tax is "fair", when the estate tax is compared to sales tax, corporate tax, income tax, etc.. it has the lowest argument for what is "fair" because it was not earned by the individual receiving it. The person who earned it is dead. Whatever the individual has earned has no reflection on inheritance. And I'm not recommending taking all of it, but if you're asking me if I care whether an individual receieve $2.5M or $2M for being born into the right family, I don't. I'd rather see that than 15 people making $40k bring in an equivalent of $32k. To close that gap.
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Should we just burn it so nobody gets it? Because they didn't "earn" it either.
 
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