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Message
re: IRS collected a gargantuan $7 billion estate tax from a single source, nobody knows who
Posted on 4/19/24 at 12:35 pm to BK Lounge
Posted on 4/19/24 at 12:35 pm to BK Lounge
quote:
You’re right, them sumbitches shouldnt fund the USDA to inspect our meat, or build interstates for us to drive on, or provide military protection for our country .. they should let you keep 100% of your “hard earned money”.. meanwhile , i can just about guarantee that i work harder than you and am in a higher tax bracket than you.. and i understand why i need to pay taxes to live in a society…. Jesus Christ, some of you people ……..
Is this a real post or a copy pasta?
0
Posted on 4/19/24 at 12:42 pm to HailHailtoMichigan!
People that believe in estate taxes have never been on the receiving end of it.
Posted on 4/19/24 at 12:47 pm to Lake08
quote:
People that believe in estate taxes have never been on the receiving end of it.
BINGO!!
Posted on 4/19/24 at 12:47 pm to Lake08
quote:I believe in estate taxes, and I received a substantial inheritance two months ago.
People that believe in estate taxes have never been on the receiving end of it.
Posted on 4/19/24 at 12:51 pm to Salviati
Posted on 4/19/24 at 12:52 pm to Salviati
quote:
I believe in estate taxes, and I received a substantial inheritance two months ago.
So you received an 8 figure inheritance recently and are cool with the govt taxing it when whoever died giving it to you?
Posted on 4/19/24 at 12:53 pm to Salviati
Did u have to pay in the six or seven figures? Just curious
Posted on 4/19/24 at 12:54 pm to HailHailtoMichigan!
At least it will go a long way in helping pay down the national debt.
Posted on 4/19/24 at 1:00 pm to BK Lounge
quote:
You’re right, them sumbitches shouldnt fund the USDA to inspect our meat, or build interstates for us to drive on, or provide military protection for our country .. they should let you keep 100% of your “hard earned money”.. meanwhile , i can just about guarantee that i work harder than you and am in a higher tax bracket than you.. and i understand why i need to pay taxes to live in a society…. Jesus Christ, some of you people ……..
Oh, shut the frick up, you sanctimonious, condescending cocksucker. Nobody gives a shite what tax bracket you're in. And everybody understands what taxes are for, and almost everyone agrees we should pay them (how much and for what differs, obviously). But the estate tax is redundant and double-dipping at the very least, likely more than that.
$7 billion on a $17.5 billion estate is outrageous on its face, even if that $17.5 billion had somehow never been taxed. But the estate owner paid income taxes, sales taxes, property taxes, and whatever other taxes/fees come with having accrued that amount--hell, they could have already paid an estate tax on this same estate, depending on who it is and how much of that they inherited and when. I understand the need for taxes. I understand the need for federal taxes. It's the double, triple, and quadruple taxing of the same money that I find offensive and hard to marry to the "American Dream" that theoretically motivated somebody, somewhere up that ancestral tree the ability to attain an estate so large in the 1st place.
Posted on 4/19/24 at 1:01 pm to Deactived
quote:
an 8 figure inheritance
How many people receive this,top 2%, 1%? Do we care about them? Are we really afraid that they can't stand up for themselves against the evil government and they need the help of the working class? Really?
I'm sure they appreciate your heartfelt sentiments.
Posted on 4/19/24 at 1:05 pm to WildTchoupitoulas
quote:
How many people receive this,top 2%, 1%? Do we care about them?
It doesnt matter how many there are. It shouldnt happen. Why should the guy down the street be taxed when he dies and you arent taxed when you die?
quote:
Are we really afraid that they can't stand up for themselves against the evil government
They cant. Theyre being taxed even when they die
Posted on 4/19/24 at 1:06 pm to Hot Carl
(no message)
This post was edited on 5/21/24 at 11:07 am
Posted on 4/19/24 at 1:10 pm to WildTchoupitoulas
quote:
Why do people act like that's illegal or immoral or some shite? Isn't sales tax "double taxation"? You've already paid income or capital gains tax on money you use to purchase goods and services that you are charged a sales tax for. Did the retailer not pay a inventory tax on some of the goods he charges sales tax on? Whatever gave people the idea that just because their money has been taxed once, it can't be taxed again?
Many of the examples being used involve different taxing authorities (state & local) or completely unrelated transactions (sales, inventory, etc) with 3rd parties.
The federal govt taxing income and then again inheritance has all the makings of double dipping. The inheriting party will be taxed on any subsequent gains or other taxable events once in their possession but the money has already been federally taxed prior to the original earner's death. The sheer act of passing already taxed wealth to another person and generating another taxable event in itself is established only because it's in the tax code. It is double dipping in my opinion.
Posted on 4/19/24 at 1:14 pm to Deactived
quote:
Jones
Im just gonna start referring to you as BKDS.. because you are exactly like someone with TDS, except im the one living rent-free in ur tiny brain .
For the record, i never said- in my extensive post history that you are absolutely OBSESSED with- that im not a high-earner.. just that my money goes much further overseas and i have many issues and grievances with America and its bullshite in 2024.. but i continue to pay taxes in the USA since i understand that’s how shite works, and i dont whine and complain about it like some little bitch with a skinned-up knee, which many posters here, like yourself, tend to do .
Posted on 4/19/24 at 1:15 pm to Deactived
quote:
Why should the guy down the street be taxed when he dies and you arent taxed when you die?
The question in the first place is why should anyone inherit anything that they didn't work for? Something for nothing, is that what you're arguing for?
quote:
They cant.
Now you're just being ridiculous. I'm pretty sure anyone in the 1% can petition the government - aka pay off politicians - to air their grievances while they're still alive. The thing is, most people in that tax bracket have enough money to pay accountants and tax attorneys to get around major tax expenditures. Look at how Trump's father transferred wealth to Donald that he never earned, and didn't have to pay inheritance tax on. The dead person in the OP either made a mistake, or just didn't GAF.
Posted on 4/19/24 at 1:15 pm to BK Lounge
(no message)
This post was edited on 5/21/24 at 11:07 am
Posted on 4/19/24 at 1:16 pm to WildTchoupitoulas
quote:It is their property.
The question in the first place is why should anyone inherit anything that they didn't work for? Something for nothing, is that what you're arguing for?
Why shouldn’t someone be allowed to give their own property to whomever they wish?
This post was edited on 4/19/24 at 1:17 pm
Posted on 4/19/24 at 1:17 pm to WildTchoupitoulas
quote:who gives a frick if they can stand up for themselves or not. The government has no right to any of their inheritance. I don’t see how anyone could think this is ok. They just don’t have the same viewpoint on how inefficient the government is I guess
How many people receive this,top 2%, 1%? Do we care about them? Are we really afraid that they can't stand up for themselves against the evil government and they need the help of the working class? Really?
Posted on 4/19/24 at 1:20 pm to BK Lounge
quote:
i have many issues and grievances with America and its bullshite in 2024..
Sorry to hear this…what are your grievances?
Didn’t you vote for Biden?
Posted on 4/19/24 at 1:21 pm to Pelican fan99
quote:
They just don’t have the same viewpoint on how inefficient the government is I guess
WildTchoupitoulas is a progressive and wants the govt in every part of everyones life
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