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Geronimo
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st cloud USA
Jan 1970 time: 05:33
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quote: Originally posted by Ming
I already pay big taxes... which I have no choice.
But I also give time and money to charities that fund programs that help people help themselves. Many people need help, and are willing to work hard. I want to help those people. I have very little interest in helping people who have no interest in helping themselves, and are lazy, and are just looking for a free ride.
If you want a socialist society... fine... I don't... I don't really see why the lazy should leach off the hard working. |
But the lazy leaching off the hard working is exactly what wealth inheritance is all about! Not one of the recipients of large inheritances that I know works hard anymore. They are pissing away their families legacy on easy non productive living.
For those who want to actually maintain a legacy even the current tax laws make excemptions so that an entire family business can be transfered upon death of the owner to an inheritor with no estate tax involved.
It is truly bizarre watching you state exactly the values that cause me to accept the estate tax as a healthy thing and then state that you are opposed to it. Do you really care about lazy leaching off the hard working or not?
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Japher
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Ook! Ook! Ack! Ack! Ack!
Jun 2002 time: 05:33
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quote: But the lazy leaching off the hard working is exactly what wealth inheritance is all about! Not one of the recipients of large inheritances that I know works hard anymore. |
Isn't that better than some old geezer toiling away at something they love to do and getting paid well for it but has no time to actually spend the money?
Most of the rich are hard workers because they love what they do and are good at it. Most of these ppl are not doing what they are doing to make money so they can retire... Most never do.
Dems are always arguing that if you give the money to the lower classes than they are more likely to spend it, putting the money where it belongs back in the system. They do, however, fail to mention that the rich do not keep their money in a vault in the backyard under a rock... Still, you complain about ppl inheriting money and than just spending it. Sounds like jealousy to me, or even worse; greed.
Regardless, I am always against double or even triple taxation. Saying that someones heirs needs to be taxed because money (that has already been taxed 100 times over) is being given to them is, IMO, silly. It is that persons money and they can do what they want with it, and it shouldn't be a outlet for the government to stick their little greedy hands in once again.
I think it's all about supply and demand. Ppl would be more willing to buy certain things if they didn't cost so much. Reduce sales taxes instead of income taxes, and tax the money only at it's source, and let people do what they want with it.
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Geronimo
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st cloud USA
Jan 1970 time: 05:33
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Japher please explain why and how it matters how many times my money is taxed.
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Flubber
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With a view of the Rockies
Aug 2000 time: 22:33
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hmmm so we should tax people becoause we don't like how they spend their money and because some rich folks get lazy??
To the death tax proponents . .. just curious why you propose a huge tax grab when someone dies and not a true annual wealth tax where you can nibble and nibble and nibble. After all if accumulation of wealth is so horrible,I'm suprised you are willing to wait until someone dies to go after it.
For me its simple-- I can live with the idea of income taxes as a necessary evil-- but once I have my post-tax income, its mine dogonnit .. . mine, mine, mine and I'll give it to whom I choose and when I choose-- it will be my wife and child but its mine to deal with and dispose of and the governemnet should keep their all too grasping hands to themselves
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Geronimo
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st cloud USA
Jan 1970 time: 05:33
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quote: Originally posted by Flubber
hmmm so we should tax people becoause we don't like how they spend their money and because some rich folks get lazy??
To the death tax proponents . .. just curious why you propose a huge tax grab when someone dies and not a true annual wealth tax where you can nibble and nibble and nibble. After all if accumulation of wealth is so horrible,I'm suprised you are willing to wait until someone dies to go after it.
For me its simple-- I can live with the idea of income taxes as a necessary evil-- but once I have my post-tax income, its mine dogonnit .. . mine, mine, mine and I'll give it to whom I choose and when I choose-- it will be my wife and child but its mine to deal with and dispose of and the governemnet should keep their all too grasping hands to themselves |
I'm a Death tax proponent so I can provide some answers to your questions.
First I like accumulation of personal wealth it's what keeps the wheels of the economy going at all income levels.
Second I hate taxes. Necessary evil at best. The less in total I spend on taxes the happier I am and the healthier the overall economic system is (assuming it reigns in government spending as well)
As a result of 1 and 2 I loathe the idea of the government nibbling away at my income all throughout my life.
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Flubber
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With a view of the Rockies
Aug 2000 time: 22:33
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quote: Originally posted by Geronimo
I'm a Death tax proponent so I can provide some answers to your questions.
First I like accumulation of personal wealth it's what keeps the wheels of the economy going at all income levels.
Second I hate taxes. Necessary evil at best. The less in total I spend on taxes the happier I am and the healthier the overall economic system is (assuming it reigns in government spending as well)
As a result of 1 and 2 I loathe the idea of the government nibbling away at my income all throughout my life. |
So would you tax my "gifts" to my child during my lifetime as well?? perhaps I want to pay off his college loan or help him get his first house.
If you tax that, aren't you doing the nibbling you "loathe" and if you don't , aren't you making it really easy to avoid the tax you want to impose?
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GePap
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of the Big Apple
Nov 2001 time: 23:33
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quote: Originally posted by Flubber
To the death tax proponents . .. just curious why you propose a huge tax grab when someone dies and not a true annual wealth tax where you can nibble and nibble and nibble. After all if accumulation of wealth is so horrible,I'm suprised you are willing to wait until someone dies to go after it. |
Simple- we are taxing an estate, NOT a person0the person being dead. So what the government is taxing is the gaining of new income or property by the inheritors, who after all, did nothing to get it but being born (we tax lottery recepits as well), and since the person who earned it is dead and hence no longer an issue, who cares?
quote:
For me its simple-- I can live with the idea of income taxes as a necessary evil-- but once I have my post-tax income, its mine dogonnit .. . mine, mine, mine and I'll give it to whom I choose and when I choose-- it will be my wife and child but its mine to deal with and dispose of and the governemnet should keep their all too grasping hands to themselves |
Sorry, but we tax gifts, and that is what passing an estate to someone else is, a giant Gift. Besides, your abilityt o elgally pass it along to anyone is there thanks to the State. So they get the ability to take a chunk of it. After all, when you die your rights have come to an end.
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GePap
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of the Big Apple
Nov 2001 time: 23:33
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quote: Originally posted by Geronimo
For instance the networks and radio stations are essentially legal creations. The radio bandwidth they control is essentially public domain that the government regulates in such a way as to allow the private secotr to put to profitable use. The logic you used above would seem to risk justifying free government access to such bandwidth at will! imagine the awful increase in political ads we might experience if this logic were to gain wide acceptance. |
Hmm, hello: The public OWNES the airwaves, and networks lease it from the state. The state can and does demand conditions from the networks for their use of the public's bandwith. In fact, news shows on the networks exist becuase the government mandated them. So, in fact, the government, when it renews the leases of networks, can ask whatever it wants from them. Cable is different from simply broadcast, which is why you can have cable stations with no form of public info on them.
quote:
A second example might be patent and copyright law. Again the government could use such logic to justify piracy of software for it's own use with the logic that exclusive intellectual property rights also exist only because of the government. |
Correct again- you see, the government sets the length of a patent, and after the patent is up, anyone can use or make the thing or idea. So yes, intellectual property rights do exist only becuase of the government, and if the government wanted to revoke all patents, it could.
quote:
I'm not sure I'm comfortable with singling out an estate in a special way simply because it is an artifical legal construction. |
The State enforces the law-there are no such things as natural rights of man.
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