For those who oppose an inheritance tax ...

Page 2 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

ntdz

Diamond Member
Aug 5, 2004
6,989
0
0
Originally posted by: Moonbeam
Originally posted by: JD50
Originally posted by: techs

Sorry, Walton family, but you have enough money for the next twenty generations even with the estate tax.

What gives you, or anyone else the right to decide how much money someone needs?
What gives you the right to keep me from taking your money? Why is your assumptions about what is right better than mine? If you want to waste your life accumulating what is worthless why complain if I take your money to fund art or feed the poor. If you want riches you deserve to keep go in the forest and collect grubs. It was my family that made it possible for you to be rich. My family created the culture you are a parasite in.

Wow, just wow. You don't take what doesn't believe to you. What makes you deserve HIS FAMILY'S money more than him?!?!?!
 

JD50

Lifer
Sep 4, 2005
11,918
2,884
136
Originally posted by: Moonbeam
Originally posted by: JD50
Originally posted by: techs

Sorry, Walton family, but you have enough money for the next twenty generations even with the estate tax.

What gives you, or anyone else the right to decide how much money someone needs?

What gives you the right to keep me from taking your money? blah blah blah

My 9mm Glock 19

Seriously though, isn't that basically what our country was founded on, the right to keep what is ours?

 

smack Down

Diamond Member
Sep 10, 2005
4,507
0
0
Originally posted by: Shivetya
Do you not believe that the money or item that comprises the gift was not already taxed? Just like the inheritance?


Both are double taxation.

My costumers have already been taxed on their income so why should I have to pay tax when they pay me for a services?
 

JD50

Lifer
Sep 4, 2005
11,918
2,884
136
Originally posted by: smack Down
Originally posted by: Shivetya
Do you not believe that the money or item that comprises the gift was not already taxed? Just like the inheritance?


Both are double taxation.

My costumers have already been taxed on their income so why should I have to pay tax when they pay me for a services?

Are you talking about sales tax?

 

GoPackGo

Diamond Member
Oct 10, 2003
6,519
595
126
Originally posted by: smack Down
Originally posted by: Shivetya
Do you not believe that the money or item that comprises the gift was not already taxed? Just like the inheritance?


Both are double taxation.

My costumers have already been taxed on their income so why should I have to pay tax when they pay me for a services?

Because it is the service that is taxed, not the money.
 

smack Down

Diamond Member
Sep 10, 2005
4,507
0
0
Originally posted by: JD50
Originally posted by: smack Down
Originally posted by: Shivetya
Do you not believe that the money or item that comprises the gift was not already taxed? Just like the inheritance?


Both are double taxation.

My costumers have already been taxed on their income so why should I have to pay tax when they pay me for a services?

Are you talking about sales tax?

No, I'm talking about income tax.
 

smack Down

Diamond Member
Sep 10, 2005
4,507
0
0
Originally posted by: GoPackGo
Originally posted by: smack Down
Originally posted by: Shivetya
Do you not believe that the money or item that comprises the gift was not already taxed? Just like the inheritance?


Both are double taxation.

My costumers have already been taxed on their income so why should I have to pay tax when they pay me for a services?

Because it is the service that is taxed, not the money.

No it isn't. It is the income that is taxed. Ie the money.
 

ntdz

Diamond Member
Aug 5, 2004
6,989
0
0
Originally posted by: smack Down
Originally posted by: Shivetya
Do you not believe that the money or item that comprises the gift was not already taxed? Just like the inheritance?


Both are double taxation.

My costumers have already been taxed on their income so why should I have to pay tax when they pay me for a services?

Because now you're the one earning the money.
 

smack Down

Diamond Member
Sep 10, 2005
4,507
0
0
Originally posted by: ntdz
Originally posted by: smack Down
Originally posted by: Shivetya
Do you not believe that the money or item that comprises the gift was not already taxed? Just like the inheritance?


Both are double taxation.

My costumers have already been taxed on their income so why should I have to pay tax when they pay me for a services?

Because now you're the one earning the money.

And that is the reason that the inheritance tax is ok with me because now different people have the money.
 

ntdz

Diamond Member
Aug 5, 2004
6,989
0
0
Originally posted by: smack Down
Originally posted by: ntdz
Originally posted by: smack Down
Originally posted by: Shivetya
Do you not believe that the money or item that comprises the gift was not already taxed? Just like the inheritance?


Both are double taxation.

My costumers have already been taxed on their income so why should I have to pay tax when they pay me for a services?

Because now you're the one earning the money.

And that is the reason that the inheritance tax is ok with me because now different people have the money.

It's different. Besides, the government will get it's money without the inheritance tax. They'll get it when the people spend it and whoever provides goods or services to them pays their income taxes.

I've got a scenario for you...suppose a small farmer somewhere in the midwest owns a farm and runs it with his family. The family doesn't make much money, and the farmer dies unexpectedly. Now, here comes the government trying to collect hundreds of thousands of dollars of taxes based on the value of the farm. The family obviously can't afford to pay this, and is forced to sell the farm. Is that a good thing?
 

smack Down

Diamond Member
Sep 10, 2005
4,507
0
0
All taxes are unfair, if they were fair then people would pay them voluntarily. So it say the inheritance tax is unfair and should be done away with is stupid. You need to say it is more unfair then some other tax so do away with the inheritance and raise of the other tax.

Do you want to pay higher income tax, so the Walton family can have a few more billions?
 

ntdz

Diamond Member
Aug 5, 2004
6,989
0
0
Originally posted by: smack Down
All taxes are unfair, if they were fair then people would pay them voluntarily. So it say the inheritance tax is unfair and should be done away with is stupid. You need to say it is more unfair then some other tax so do away with the inheritance and raise of the other tax.

Do you want to pay higher income tax, so the Walton family can have a few more billions?

Most liberals in here have wet dreams about higher taxes. And personally, I think the Walton family deserves every penny they have. Their father's company employ millions of people for Christ's sake.
 

smack Down

Diamond Member
Sep 10, 2005
4,507
0
0
Originally posted by: ntdz
Originally posted by: smack Down
All taxes are unfair, if they were fair then people would pay them voluntarily. So it say the inheritance tax is unfair and should be done away with is stupid. You need to say it is more unfair then some other tax so do away with the inheritance and raise of the other tax.

Do you want to pay higher income tax, so the Walton family can have a few more billions?

Most liberals in here have wet dreams about higher taxes. And personally, I think the Walton family deserves every penny they have. Their father's company employ millions of people for Christ's sake.

The question isn't if they deserves ever penny they have, but do they deserves their money more or less then you or I deserves our own money.
 
Oct 30, 2004
11,442
32
91

In principle I would tend to oppose an inheritance tax or a death tax. After all, if someone has legitimately and legally earned money it's his to will to whom he wishes.

However, today it's necessary to question whether or not the super-rich have actually earned all of the money that they have; it's necessary to ask the question of whether some of that money really belongs in the pockets of the lower classes. I say this because, as a result of global labor arbitrage (mass immigration, foreign work visas like the H1-b, and foreign outsourcing), the labor pool has been artificially inflated, pushing out the supply curve in favor of capital owners (the wealthy), resulting in lower wages (workers getting a smaller share of their contribution to the act of production).

For that reason, given today's economic environment, I don't feel too much animosity against the inheritance tax for the wealthy because it's necessary to question whether or not they should actually be entitled to all of the wealth that they have "earned".
 

Strk

Lifer
Nov 23, 2003
10,197
4
76
Originally posted by: Genx87
Gifts arent taxed until a certain level.

Technically, neither is inheritance, at least at the federal level (FU states!)
 

ntdz

Diamond Member
Aug 5, 2004
6,989
0
0
Originally posted by: smack Down
Originally posted by: ntdz
Originally posted by: smack Down
All taxes are unfair, if they were fair then people would pay them voluntarily. So it say the inheritance tax is unfair and should be done away with is stupid. You need to say it is more unfair then some other tax so do away with the inheritance and raise of the other tax.

Do you want to pay higher income tax, so the Walton family can have a few more billions?

Most liberals in here have wet dreams about higher taxes. And personally, I think the Walton family deserves every penny they have. Their father's company employ millions of people for Christ's sake.

The question isn't if they deserves ever penny they have, but do they deserves their money more or less then you or I deserves our own money.

They deserve it equally.
 

smack Down

Diamond Member
Sep 10, 2005
4,507
0
0
Originally posted by: ntdz
Originally posted by: smack Down
Originally posted by: ntdz
Originally posted by: smack Down
All taxes are unfair, if they were fair then people would pay them voluntarily. So it say the inheritance tax is unfair and should be done away with is stupid. You need to say it is more unfair then some other tax so do away with the inheritance and raise of the other tax.

Do you want to pay higher income tax, so the Walton family can have a few more billions?

Most liberals in here have wet dreams about higher taxes. And personally, I think the Walton family deserves every penny they have. Their father's company employ millions of people for Christ's sake.

The question isn't if they deserves ever penny they have, but do they deserves their money more or less then you or I deserves our own money.

They deserve it equally.

Ok, then so lets give the government about 30% because that is what it is taking from my paycheck.
 

ntdz

Diamond Member
Aug 5, 2004
6,989
0
0
Originally posted by: smack Down
Originally posted by: ntdz
Originally posted by: smack Down
Originally posted by: ntdz
Originally posted by: smack Down
All taxes are unfair, if they were fair then people would pay them voluntarily. So it say the inheritance tax is unfair and should be done away with is stupid. You need to say it is more unfair then some other tax so do away with the inheritance and raise of the other tax.

Do you want to pay higher income tax, so the Walton family can have a few more billions?

Most liberals in here have wet dreams about higher taxes. And personally, I think the Walton family deserves every penny they have. Their father's company employ millions of people for Christ's sake.

The question isn't if they deserves ever penny they have, but do they deserves their money more or less then you or I deserves our own money.

They deserve it equally.

Ok, then so lets give the government about 30% because that is what it is taking from my paycheck.

What? Income and inheritance are two completely different things. Besides, the Walton family has to be making an income for the government to tax it. What's the government going to tax, interest on their billions?
 

imported_Shivetya

Platinum Member
Jul 7, 2005
2,978
1
0
Originally posted by: smack Down
Originally posted by: Shivetya
Do you not believe that the money or item that comprises the gift was not already taxed? Just like the inheritance?


Both are double taxation.

My costumers have already been taxed on their income so why should I have to pay tax when they pay me for a services?


your confusing two taxes.
 

imported_Shivetya

Platinum Member
Jul 7, 2005
2,978
1
0
Originally posted by: smack Down
Originally posted by: ntdz
Originally posted by: smack Down
Originally posted by: ntdz
Originally posted by: smack Down
All taxes are unfair, if they were fair then people would pay them voluntarily. So it say the inheritance tax is unfair and should be done away with is stupid. You need to say it is more unfair then some other tax so do away with the inheritance and raise of the other tax.

Do you want to pay higher income tax, so the Walton family can have a few more billions?

Most liberals in here have wet dreams about higher taxes. And personally, I think the Walton family deserves every penny they have. Their father's company employ millions of people for Christ's sake.

The question isn't if they deserves ever penny they have, but do they deserves their money more or less then you or I deserves our own money.

They deserve it equally.

Ok, then so lets give the government about 30% because that is what it is taking from my paycheck.



don't forget the 12.4% in SS medicare/medicade/ss or whatever the pileup is
 

Moonbeam

Elite Member
Nov 24, 1999
74,770
6,770
126
Originally posted by: ntdz
Originally posted by: Moonbeam
Originally posted by: JD50
Originally posted by: techs

Sorry, Walton family, but you have enough money for the next twenty generations even with the estate tax.

What gives you, or anyone else the right to decide how much money someone needs?
What gives you the right to keep me from taking your money? Why is your assumptions about what is right better than mine? If you want to waste your life accumulating what is worthless why complain if I take your money to fund art or feed the poor. If you want riches you deserve to keep go in the forest and collect grubs. It was my family that made it possible for you to be rich. My family created the culture you are a parasite in.

Wow, just wow. You don't take what doesn't believe to you. What makes you deserve HIS FAMILY'S money more than him?!?!?!

You mean you just say I don't take what belongs to you and voilà, it is suddenly true. No, I take it because your claim to own it is false. You borrow what belongs to me, what you would never have without me and my family and I don't take it, it was always mine.
 

jrenz

Banned
Jan 11, 2006
1,788
0
0
Originally posted by: smack Down
Originally posted by: ntdz
Originally posted by: smack Down
Originally posted by: ntdz
Originally posted by: smack Down
All taxes are unfair, if they were fair then people would pay them voluntarily. So it say the inheritance tax is unfair and should be done away with is stupid. You need to say it is more unfair then some other tax so do away with the inheritance and raise of the other tax.

Do you want to pay higher income tax, so the Walton family can have a few more billions?

Most liberals in here have wet dreams about higher taxes. And personally, I think the Walton family deserves every penny they have. Their father's company employ millions of people for Christ's sake.

The question isn't if they deserves ever penny they have, but do they deserves their money more or less then you or I deserves our own money.

They deserve it equally.

Ok, then so lets give the government about 30% because that is what it is taking from my paycheck.

This has got to be the most ridiculous statement of the thread so far.
 

Moonbeam

Elite Member
Nov 24, 1999
74,770
6,770
126
Originally posted by: JD50
Originally posted by: Moonbeam
Originally posted by: JD50
Originally posted by: techs

Sorry, Walton family, but you have enough money for the next twenty generations even with the estate tax.

What gives you, or anyone else the right to decide how much money someone needs?

What gives you the right to keep me from taking your money? blah blah blah

My 9mm Glock 19

Seriously though, isn't that basically what our country was founded on, the right to keep what is ours?

A country can't be founded on what is a fundamental lie? What we were founded on has nothing to do with whether my right to what you have is superior to your claim to it. And isn't it fascinating that your gut reaction is to claim that what you have you can keep because of force. Clearly all I need to establish my claim then is a bigger gun.
 

eleison

Golden Member
Mar 29, 2006
1,319
0
0
Originally posted by: Moonbeam


A country can't be founded on what is a fundamental lie? What we were founded on has nothing to do with whether my right to what you have is superior to your claim to it. And isn't it fascinating that your gut reaction is to claim that what you have you can keep because of force. Clearly all I need to establish my claim then is a bigger gun.

Looks like the communist are comming and Moonbean is leading the way!!! Next thing you know, Moonbean will start to claim other people's wives because they are prettier than his wife... that is if he's marrried... :)
 

Skotty

Senior member
Dec 29, 2006
232
0
0
I had an inheritence once, and it certainly felt like a gift to me. Nevertheless, I didn't pay any taxes on it because it's combined value was under 2 million dollars. My only concern for this tax is in relation to property not being sold. Not sure I like the idea of someone having to sell some property to pay the tax on it, though this would only happen with estates over 2 million in value comprised almost entirely of property with few liquid assets like cash.