- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Vivek supports 59% as a minimum inheritance tax. Rich people "owe" everyone else.
Posted on 8/26/23 at 10:18 am to Powerman
Posted on 8/26/23 at 10:18 am to Powerman
quote:I thought inheritance tax is a state tax and should be decided by the state certainly not a 59% determined federally. So screw him. Estate tax I believe is the one you are thinking of and yes, it has a large exemption (I think it's $12.6 million now). But as everyone says, money has already been taxed once. That's enough.
I was just asking a question
Jesus
1
Posted on 8/26/23 at 10:22 am to funnystuff
quote:
taxing inheritance after 10 million is a better way to raise some portion of that revenue than the alternatives
I know what you're trying to push. You're just not making good points for your assertions.
"Tax the rich" is what people say when they're young and dumb, and have no clue how the world works.
Posted on 8/26/23 at 10:24 am to Flats
Politically, you can’t get rid of the entire tax code and replace the whole thing with a single flat sales tax.
If we’re talking about what’s politically feasible, marginal spending cuts feel far more realistic than a whole-scale reimagining of the tax code
If we’re talking about what’s politically feasible, marginal spending cuts feel far more realistic than a whole-scale reimagining of the tax code
Posted on 8/26/23 at 10:26 am to HubbaBubba
quote:
Sounds pretty socialistic.
Well Vivek is spreading Kremlin talking points every time he opens his mouth. The Kremlin is headed by a former communist. Vivek taking socialist positions does seem to be consistent.
Posted on 8/26/23 at 10:27 am to HubbaBubba
He doesn't have a snowball's chance in hell of being the nominee, anyway. He didn't before he made that comment, either
Posted on 8/26/23 at 10:29 am to DisplacedBuckeye
Speaking of what people do when they’re young and dumb, I’d certainly include a default assumption that ‘everyone who disagrees with me with must be stupid’ in that bundle of naive perspectives
Posted on 8/26/23 at 10:30 am to Powerman
quote:God forbid that we start a discussion with actual facts.quote:I was just asking a question
frick you.
Personally, I don't like an inheritance tax at all, but the floor on the federal tax NOW is $13 million. If he is just suggesting lowering it to $11.4 million, it is hardly a radical proposal.
This post was edited on 8/26/23 at 10:38 am
Posted on 8/26/23 at 10:30 am to funnystuff
quote:
If we’re talking about what’s politically feasible,
I was talking about what would work.
I have no doubt the populist angle of "soak the rich" is politically feasible, but nobody has shown me when it will do to our debt. So you may have something politically feasible but it's probably meaningless when it comes to solving the actual problem.
Posted on 8/26/23 at 10:32 am to Diamondawg
quote:wow
I thought inheritance tax is a state tax
Posted on 8/26/23 at 10:36 am to AggieHank86
quote:
wow
The last person I discussed this with (bonds maybe?) thought the exemption limit was a relatively new thing and only got instituted after Steinbrenner died.
Posted on 8/26/23 at 10:37 am to HubbaBubba
Dude is way too slick for me. Major Obama vibes. Smooth talking youngster comes out of nowhere, beautiful family, Ivy League education, background kind of sketchy (parents arrived here as broke immigrants- well, not really broke after all), made his fortune in Big Pharma. Nah, I’ll pass.
Posted on 8/26/23 at 10:39 am to Flats
quote:
So is private property.
No one is stopping people from owning things they've earned.
You want to give away free shite.
quote:
Another hallmark of conservatism is not worrying about whether another person is self-made or not.
Then don't worry about it.
But don't be a hypocrite either.
Posted on 8/26/23 at 10:43 am to funnystuff
quote:
Speaking of what people do when they’re young and dumb, I’d certainly include a default assumption that ‘everyone who disagrees with me with must be stupid’ in that bundle of naive perspectives
It's not that you disagree with me. It's the way you disagree. You don't speak from experience, yet have no issue throwing your weight around.
At some point in your life, you may have your eyes opened, and you'll wonder why you were the way you were when you were younger.
Posted on 8/26/23 at 10:46 am to madmaxvol
quote:
Not that I support it at all...but isn't an inheritance tax on the person inheriting the money, rather than on the person who made the money?
Yes, but hasn’t the money already been taxed once? What is the justification for another tax?
Posted on 8/26/23 at 10:50 am to Penrod
quote:
I also am in favor of steep inheritance taxes. And I am rich.
So you want to block people who aren’t rich from changing their family tree via generational wealth?
My dad was a welder. My mother worked in a local grocery store. They paid off their home in the 90s. This is their sole financial legacy. You think that I should pay 50%+ in tax when my mother dies, rather than passing this home and my accumulated wealth down to my children?
This post was edited on 8/26/23 at 10:54 am
Posted on 8/26/23 at 10:57 am to DisplacedBuckeye
It’s pretty clear that you have a picture of me in your head which is fundamentally inconsistent with reality. And that’s on you. If you keep assuming you know who people are based on a handful of sentences shared on an anonymous message board, you’re going to keep being wrong. Again and again and again
Posted on 8/26/23 at 10:59 am to HubbaBubba
Proverbs 13:22 A good man leaves an inheritance to his children’s children.
Posted on 8/26/23 at 11:01 am to funnystuff
quote:
It’s pretty clear that you have a picture of me in your head which is fundamentally inconsistent with reality. And that’s on you. If you keep assuming you know who people are based on a handful of sentences shared on an anonymous message board, you’re going to keep being wrong. Again and again and again
I can only form my opinion from what you've offered here, and it doesn't go any further than that. If you don't want people to have this opinion, think about changing the way you present yourself. What you should do is just not care. You're taking this personally, and it's a bit weird.
Posted on 8/26/23 at 11:04 am to DisplacedBuckeye
quote:
"Tax the rich" is what people say when they're young and dumb, and have no clue how the world works.
So people who know how the world works want to tax the poor?
Something, something, blood, something, something, stone.
"Why do you rob banks, Willie?"
"'Cause that's where the money is."
Posted on 8/26/23 at 11:05 am to Eli Goldfinger
I believe the poster you are responding to is making his statement within the context of there being a thirteen million dollar inheritance tax exemption.
If I’m correct, that would mean no, he does not think you should be taxed at 50% of what you inherit. Or even taxed at all. This is specifically a tax on individuals who are inheriting over $13,000,000. Everyone else is left completely unaffected
If I’m correct, that would mean no, he does not think you should be taxed at 50% of what you inherit. Or even taxed at all. This is specifically a tax on individuals who are inheriting over $13,000,000. Everyone else is left completely unaffected
Page 6 of 9
Popular
Back to top
Follow TigerDroppings for LSU Football News