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re: Dems propose ‘baby bonds’ to close the racial wealth gap: ‘Black lives and Black wealth ma

Posted on 2/16/23 at 4:50 pm to
Posted by el Gaucho
He/They
Member since Dec 2010
52979 posts
Posted on 2/16/23 at 4:50 pm to
This hurts millenials more than anything since they’re gonna tax the inheritance we worked so hard for

We had a millenial president that tweeted and was gonna close the millenial-boomer wealth gap but noooo y’all had to vote a boomer in to hold us down
Posted by landmanner
Louisiana
Member since May 2006
3199 posts
Posted on 2/16/23 at 4:52 pm to
So another Dem vote buying scheme
Posted by deltaland
Member since Mar 2011
90616 posts
Posted on 2/16/23 at 5:06 pm to
quote:

significantly increasing estate tax revenues.


frick that. The estate tax is bullshite and destroys small businesses and family farms because the family can’t afford the estate tax when the owner dies and they have to sell to a corporation. It’s literal theft. That money and property was taxed already and should not be taxed again just because someone died
Posted by roadGator
Member since Feb 2009
140445 posts
Posted on 2/17/23 at 8:25 am to
quote:

Once a family makes more than 500% of the federal poverty level, their kids would only receive the initial $1,000 payment.


This amount is just under $70k.
This post was edited on 2/17/23 at 8:39 am
Posted by Mo Jeaux
Member since Aug 2008
58750 posts
Posted on 2/17/23 at 8:29 am to
quote:

500% of the federal poverty level is about $6.8M


Your math is off.
Posted by roadGator
Member since Feb 2009
140445 posts
Posted on 2/17/23 at 8:36 am to
shite. It is. I’ll fix.
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