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re: IRS collected a gargantuan $7 billion estate tax from a single source, nobody knows who
Posted on 4/19/24 at 1:00 pm to BK Lounge
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 1:06 pm to Hot Carl
(no message)
This post was edited on 5/21/24 at 11:07 am
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