Jason Lewis wrong again - Page 2

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Jason Lewis wrong again - - - 26 messages. Showing 11 through 20. Go to page: 1  2   3 
mplspug
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Daily Subscription Msg 11 Posted: 10:27 AM 12/28/09 (CST)
So if all I have to leave my kid is a bass boat that I loved dearly, my kid would have to sell it to pay for the taxes and then buy a crappier boat that has no setimental value. Neat.

mplspug
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Daily Subscription Msg 12 Posted: 10:30 AM 12/28/09 (CST)
"People with IQs over room temperature?"

Must be cold at your house Odin.


I like how you said it is hard to argue the people inheriting the money desrve it when it implies that the government some how deserves it more.
Domino Dave
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Daily Subscription Msg 13 Posted: 01:49 PM 12/28/09 (CST)
Your bassboat is safe. You can leave a lot to your family and not pay any taxes at all. I believe the amount is $300,000 currently, this number tends to move around a bit and could be much higher right now or maybe less in the future. Once the amount exceeds the threshhold then you only pay taxes on the amount over. I'm pretty sure that most of our kids won't have any problems.
mplspug
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Daily Subscription Msg 14 Posted: 02:10 PM 12/28/09 (CST)
Ah, so if I left my $1M home to my child, a home that they grew up in, then they would have to sell it and buy a $500K house.

"Who deserves the wealth of the deceased more - family progeny who've in most cases done little or nothing to aid in its accumulation, or the society that has provided the environment for wealth creation and accumulation?"
- Or the progeny of the wealthy person. The deceased, that no doubt created jobs and had a positive impact on an economy, has already paying a substancial amount in the form of taxes while accumulating that wealth.

'...society that has provided the environment for wealth creation and accumulation' as if there was no reciprocal effect.
Domino Dave
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Daily Subscription Msg 15 Posted: 03:22 PM 12/28/09 (CST)
Realestate, once again the rules change, family farm? Single family residence, apartment building, all have much higher limits, however, you would then be considered to be very wealthy and the government will have their hand out. If you have these kind of assets, you probably already have a solid financial planner to help you and your family minimize the taxes, if not find one that specializes in this area soon.
mplspug
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Daily Subscription Msg 16 Posted: 04:06 PM 12/28/09 (CST)
You know what I am saying tongue smiley
Odin
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Daily Subscription Msg 17 Posted: 07:19 PM 12/28/09 (CST)
"I like how you said it is hard to argue the people inheriting the money desrve it when it implies that the government some how deserves it more."

As has been said, govt is simply the imperfect instrument by which the people work their will. If you've bought into the canard perpetuated by rightwing blowhards and simpleton pols like Reagan that govt is the problem, feel free to NOT call the fire or police depts when your house is on fire or your property rights are threatened or violated. No sense in adding to your problems, right?

I believe what I said (or implied) is that in most instances, society deserves the wealth of the deceased more than heirs. Children tend to inhibit wealth, not aid in its accumulation, which might explain the dearth of Procreate and Grow Rich books.
Logan
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Daily Subscription Msg 18 Posted: 09:22 PM 12/28/09 (CST)
Oh how I wish we believed in state rights. It's scary that Odin and his buddies will be draging me and everyone else along for their experiments on society.

How about we allow for some freedom by protecting the states right instead of implementing federal dictates like, oh I don't know, federal Health Care Reform.

At least with my school of thought we have free states and the right to travel between the states as free people.

But no, instead we'll let the feds force us all into their system of group think mentalities.

BTW, odin... family is a HUGE part of society. Its not as though the family heir burns the money up, It still goes to society with or without the government sticking their greasy fingers in there. And natural law definitely does not dictate that the government has any claim to that inheritance any ways.

One more thing. Your government is far, far beyond providing police protection and fire control. So let's not act as though they need an estate tax to cover the basics.



Odin
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Daily Subscription Msg 19 Posted: 10:04 PM 12/28/09 (CST)
Lee Atwater - "You start out in 1954 by saying, "Nigger, nigger, nigger." By 1968 you can't say "nigger"—that hurts you. Backfires. So you say stuff like forced busing, states' rights and all that stuff."

Reagan - "I believe in states' rights."

It's unfortunate that states' rights became a veiled term to appeal to southern racists, when some things are probably best left to the states, although the estate tax isn't one of them.

Inheritors may not burn the money, but there are vast family fortunes hoarded by inheritors that might better benefit society if the money was put into circulation to take better advantage of the multiplier effect or reduce the national debt.

As for Natural Law, you might be surprised at how many pretenders I come across who end up embarrassing themselves when their ignorance becomes increasingly obvious. Let's see how much you know about the Natural Law philosophy America was founded on. How much of a natural resource does Locke say a man in a state of nature is entitled to and what's the relevance to the estate tax?
Odin
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Daily Subscription Msg 20 Posted: 10:05 PM 12/28/09 (CST)
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Jason Lewis wrong again - - - 26 messages. Showing 11 through 20. Go to page: 1  2   3 
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