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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
25052 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
3269 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
11127 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
19064 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
50558 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 CamdenTiger
Member since Aug 2009
62454 posts
Posted on 6/13/21 at 12:04 pm to
Death and taxes, and still having to vote Democratic when I die.....ugh!!!
Posted by Powerman
Member since Jan 2004
162231 posts
Posted on 6/13/21 at 12:05 pm to
quote:

This in addition to an inheritance tax?



Pretty sure they're just the same thing and the terms are used interchangeably
Posted by beaverfever
Little Rock
Member since Jan 2008
32697 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
9612 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 jamiegla1
Member since Aug 2016
6990 posts
Posted on 6/13/21 at 12:09 pm to
quote:

A good way to turn people, once they realize they won't be getting their parents stuff


I know a couple of die hard liberals that are or will be fat from their parents' work. This would probably change their attitude
Posted by Henry Jones Jr
Member since Jun 2011
68526 posts
Posted on 6/13/21 at 12:11 pm to
quote:

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
No you won't.
Posted by The Pirate King
Pangu
Member since May 2014
57711 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
30600 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 the808bass
The Lou
Member since Oct 2012
111547 posts
Posted on 6/13/21 at 12:17 pm to
Open your newspaper.
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