UncleBuck
Well-Known Member
They have secret deals among themselves that are backed by their principals over fear of the skeletons they we're elected to hide.
They have secret deals among themselves that are backed by their principals over fear of the skeletons they we're elected to hide.
It's real google "estate planing 2013"I like what you did there. Much better. You started off with facts at least this time.
How do you figure that removing the lower exemptions on the estate tax = increasing the estate tax to 55%? The cap is 35%. I wish what you were saying is true, but I don't think it is.
the real answer is to make sure homosexuals and women are treated as second class citizens.Without reading anything but the first post, it makes me sad that people have been brain washed into thinking they just DESERVE everything.
Really? Taxes are just pretend money? Those people deserve to have more and more money taken from them to fix the Gov't fuck ups?
$60 billion... let's see. Couldn't get it done with over $900 billion so we'll take care of the country's problems with $60 billion.
What about all the jobs bills Harry no brain Reed has shut down that the house has passed? Right...... that's different, right?
I'm still not seeing anything anywhere that says they are raising the estate tax to 55%.It's real google "estate planing 2013"
"The first — and most vexing — thing you need to know is that federal estate tax rates are slated to change again in 2013, unless Congress decides otherwise. That's little comfort for estate planners, who in recent years have been whipsawed by a federal rate that changed annually, going to zero in 2010 and then moving upward again this year."
http://www.aarp.org/money/estate-planning/info-10-2011/estate-planning-to-do-list.html
It is 55%I'm still not seeing anything anywhere that says they are raising the estate tax to 55%.
Lot of words for a sentence that doesn't make sense....I'm not taking sides, so notThat's a lot of criticism for someone who really isn't saying anything.
Somewhat valid point on the feudalism. I'll give you that. You have to remember, though, nothing is guaranteed. In the feudal states in Europe the land was the money and it was given to nobility by the government. Further indication that size of government causes these problems.And even with the estate tax you can take care of your children. But without the estate tax your taking care of your great great great great grandchildren who you're never going to meet. That's not just creating a better life for your children. That's creating a permanent upper class. That family can live off the interest of their ancestors forever.
Do you really think we should have a permanent upper class who never has to work a day in their lives but has all the wealth and power because one of their ancestors made money? That's not capitalism, that's feudalism.
Cough CoughSomewhat valid point on the feudalism. I'll give you that. You have to remember, though, nothing is guaranteed. In the feudal states in Europe the land was the money and it was given to nobility by the government. Further indication that size of government causes these problems.
If you look at the top 20 richest in America, you see names like Bill Gates, Mark Zuckerberg, Jeff Bezos, Sergey Brin and Larry page, Micheal Dell, Forest Mars, Larry Ellison. These are people of the latest generation that have created their wealth with merely implementing an idea. This proves that it is nothing like the feudal states (at least not yet) because the poor can still become the richest. (In case you didn't know, those people are from companies like Google, Microsoft, Facebook, Oracle, Dell, and Amazon)
No, I get what you're saying. You're more enlightened than the rest of us because you don't take sides because of course, if you take a side that means you aren't thinking for yourself. You think elevating your indecisiveness to a form of zen makes you smarter than everyone else.Lot of words for a sentence that doesn't make sense....I'm not taking sides, so not
criticizing anything. This is what I call the tyranny of opinion. You have to take one
side or the other is the force of this society and that's why you are so fooled? Those that see the vast middle are ostracised. And from your end of the gene pool, you can't see the middle, at all? Or maybe you just like to feel safe, a herd mentality?
Maybe read my post again,
see if you can understand it....or not.
That's not the case since a large majority EARN their money and don't gain it through inheritance. The problem is not allowing the free market to exist and allowing an oligarchy to run the country. Take away the power of the Federal government and let the locals handle things.And even with the estate tax you can take care of your children. But without the estate tax your taking care of your great great great great grandchildren who you're never going to meet. That's not just creating a better life for your children. That's creating a permanent upper class. That family can live off the interest of their ancestors forever.
Do you really think we should have a permanent upper class who never has to work a day in their lives but has all the wealth and power because one of their ancestors made money? That's not capitalism, that's feudalism.
Quit yer bitchin' ... after all, you get "free" medical, right?You guys are completely insane when it comes to taxes, you's bitch and moan that you pay too much.
Over here we pay 21% up to €25,000 a year income tax and 42% on earnings over that.
Then we pay 6ish % PRSI (pay related social insurance).
On top of that we have a 9% "Universal Social Charge" tax on all gross income.
Then when we want to buy something our VAT on all goods is 21% and on certain services it's 13.5%...
Added to that everything is way more expensive too anyways over here.
Your tax rate is low, stop getting butthurt when they want to take more, you's have so many "extended combat operations" (cos they're not actually wars) and other pointless Gov spending, where do you think the scrilla-vanilla comes from?!
Actually that's not true. The feudal Europe nobility would pay for the government, if not directly than by the infrastructure they created. In return the government would create a set of circumstances which allowed them to make obscene profits and make sure the rest of the population was not socioeconomically mobile so those nobles wouldn't have any potential competition.Somewhat valid point on the feudalism. I'll give you that. You have to remember, though, nothing is guaranteed. In the feudal states in Europe the land was the money and it was given to nobility by the government. Further indication that size of government causes these problems.
And then there is the Koch brothers, Paris Hilton, Donald Trump, etc. Do you think Paris Hilton would be worth hundreds of millions of dollars if she grew up poor? No. She'd be a stripper. She's not wealthy because she worked harder than everyone else, she's wealthy because she won the genetic lottery.If you look at the top 20 richest in America, you see names like Bill Gates, Mark Zuckerberg, Jeff Bezos, Sergey Brin and Larry page, Micheal Dell, Forest Mars, Larry Ellison. These are people of the latest generation that have created their wealth with merely implementing an idea.
Well you also have to understand that those wealthy European families at one point were the Bill Gates and Michael Dells of their time. They got wealthy by providing some type of goods or services that were in high demand or were simply better at business than their peers. And that's ok. I've got no problem with people getting rich like that. But then those people died and their children simply lived off the economic infrastructure and relationships with government and other elites their parents created. So did their children. So did their children. 1000 years later and some of their children were still living off the wealth created by their great great great great great great grandparents. I don't want that here. That's why I support the estate tax.This proves that it is nothing like the feudal states (at least not yet) because the poor can still become the richest. (In case you didn't know, those people are from companies like Google, Microsoft, Facebook, Oracle, Dell, and Amazon)
The estate tax has nothing to do with the benefits of capitalism. The estate tax actually encourages capitalism. It forces the children of the wealthy to take that money and put it to work if they want to have the same type of wealth their parents have rather than simply live off the interest their whole lives. If the children of the wealthy and the children of the children of the wealthy prove they can't earn money like their parents did, their family doesn't just permanently stay wealthy from generation to generation. Without the estate tax generational wealth just allows families a permanent state of wealth passed down from generation to generation without ever having to work, just simply living off the interest on the wealth created by their ancestors.That's not the case since a large majority EARN their money and don't gain it through inheritance. The problem is not allowing the free market to exist and allowing an oligarchy to run the country. Take away the power of the Federal government and let the locals handle things.
Fine by me. As long as we can take the Koch brothers wealth at the same time.OK, if we're going to confiscate inherited wealth ... lets start with the Kennedys and then move to the Heniz fortune and anyone Ms. Heinz has married.
Did the Koch brothers inherit their wealth, or did they make it on their own?Fine by me. As long as we can take the Koch brothers wealth at the same time.
they inherited the living shit out of it.Did the Koch brothers inherit their wealth, or did they make it on their own?
They Inherited it From their FatherDid the Koch brothers inherit their wealth, or did they make it on their own?