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Democrats plan on funding reparations by installing a Nationwide death-tax rate of 75% .

Posted on 6/13/21 at 11:52 am
Posted by BarberitosDawg
Lee County Florida across causeway
Member since Oct 2013
9914 posts
Posted on 6/13/21 at 11:52 am
13% expected to be given earnings from the other 87%. This just trotted out on NPR this morning.

I'll burn what can't be scuttled and move the rest offshore before this happens.
Posted by ChexMix
Taste the Deliciousness
Member since Apr 2014
25261 posts
Posted on 6/13/21 at 11:53 am to
I'll remove those very Democrats by force before that happens
Posted by whiskey over ice
Member since Sep 2020
3289 posts
Posted on 6/13/21 at 11:54 am to
If they move forward with this I just won’t die. frick em
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 6/13/21 at 11:55 am to
A good way to turn people, once they realize they won't be getting their parents stuff
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 6/13/21 at 12:00 pm to
This in addition to an inheritance tax?
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11196 posts
Posted on 6/13/21 at 12:00 pm to
Wealth taxes breaches not only the constitution and tax law but legal precedent which us libs love when it's convenient for our agenda. They should think about capital controls before they pull something like this
Posted by Blizzard of Chizz
Member since Apr 2012
19110 posts
Posted on 6/13/21 at 12:02 pm to
Being a critical thinking adult, when I hear something like this, two things come to mind. First thing is that I’m absolutely certain that the person proposing it has an exemption for himself and secondly he will make sure his friends and family know how to protect their assets from such a tax. That just leaves the rest of us to get fricked with no lube
Posted by EuphoricSSP
Member since Feb 2021
822 posts
Posted on 6/13/21 at 12:03 pm to
Parents die, I'll take the money, move it offshore or into crypto and then refuse to pay up when they try to bust me for tax evasion, I'll tell them frick off and leave the country
Posted by imjustafatkid
Alabama
Member since Dec 2011
50774 posts
Posted on 6/13/21 at 12:03 pm to
Number of blind trusts created while still living shoots up 1000% overnight.
Posted by beaverfever
Little Rock
Member since Jan 2008
32758 posts
Posted on 6/13/21 at 12:07 pm to
My new mission in life would be to prevent as many people as possible from dying with a positive net worth. That would include anyone and everyone in my family.
This post was edited on 6/13/21 at 12:08 pm
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9654 posts
Posted on 6/13/21 at 12:07 pm to
Do it. Haha.

Millenials' heads would explode.
Posted by GeauxTigerTM
Member since Sep 2006
30596 posts
Posted on 6/13/21 at 12:08 pm to
As a reminder...LBJ's War on Poverty has transferred roughly $25,000,000,000,000 since it was started.

But yes...the "fix" is the transference of even more money.
Posted by The Pirate King
Pangu
Member since May 2014
57827 posts
Posted on 6/13/21 at 12:12 pm to
I mean they’re using the pandemic to install universal income and raising the minimum wage to $15 per hour. Why wouldn’t they exploit death
Posted by coachcrisp
pensacola, fl
Member since Jun 2012
30603 posts
Posted on 6/13/21 at 12:12 pm to
The chance of getting that through are ZERO!
Posted by longwayfromLA
NYC
Member since Nov 2007
3331 posts
Posted on 6/13/21 at 12:12 pm to
quote:

Democrats plan on funding reparations by installing a Nationwide death-tax rate of 75% .
13% expected to be given earnings from the other 87%. This just trotted out on NPR this morning.


Which Democrats? I'm 100% what you're describing has little to do with the Democrats' actual agenda. Maybe a link would be useful here.
Posted by Eightballjacket
Member since Jan 2016
7322 posts
Posted on 6/13/21 at 12:17 pm to
Why can’t you conservatives compromise a little is what they’ll argue. 40% will be the compromise point reached by Senator Cassidy.
Posted by L.A.
The Mojave Desert
Member since Aug 2003
61338 posts
Posted on 6/13/21 at 12:23 pm to
We've already had reparations. It was called Affirmative Action
Posted by Jack Carter
Member since Sep 2018
10517 posts
Posted on 6/13/21 at 12:28 pm to
HANDS UP, DONT LOOT
Posted by Wednesday
Member since Aug 2017
15466 posts
Posted on 6/13/21 at 12:30 pm to
I wonder What’s going to happen to white millennials when they realize they’re going to have to move out of mom’s basement bc they will owe it to absolve themselves of the sin of being born
Posted by AUbagman
LA
Member since Jun 2014
10574 posts
Posted on 6/13/21 at 12:37 pm to
I'm going to inherit 1,000 acres and a few houses. I'd donate to the Sons and Daughters of the Confederacy before this happens. If my kids don't get it, they definitely won't.
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