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.
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.
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?
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
I'm still not seeing anything anywhere that says they are raising the estate tax to 55%.
That's a lot of criticism for someone who really isn't saying anything.
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.
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.
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)
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.
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?!
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.
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)
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.
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.![]()
Fine by me. As long as we can take the Koch brothers wealth at the same time.
Did the Koch brothers inherit their wealth, or did they make it on their own?
Did the Koch brothers inherit their wealth, or did they make it on their own?