Why? That money was taxed already.Why tax it again? That would hurt alot of hard working families that want to give something to there kids when they die.
Printable View
Good point Jersey, but trish very well knows the death tax has already been reinstated as of Jan 1 of this year.
And what 99%, man I laugh every time I hear one of the stinky hippies use that term. At BEST, they are .0002%. They are the fringe few, and the rest of us are loving all the entertainment we get from them. Toe sniffers anyone? How about some urine labeled as "energy drink".. lol.. oh maybe a mentally handicapped rapist for you?
Just a question: what does bailing out, say, the banks have to do with capitalism?
And we don't live in a so-called free market. A free market means: no state intervention. None. I mean, we could've tried it right from the get-go, at the founding of our nation.
It would've been interesting to see NO government intervention in the economy. America would be a radically different place. No government. No President. No Congress. No government spending. No government protection for the rich.... Yep! It would've been a radically different place the ol' U.S. of A.
And capitalism is: investing money to make money by those who have money. Which is the antithesis of democracy.
And I'm talking about meaningful democracy. An actual democratic country would be quite different.
A democracy would actually have (as most Americans want this, if you look at public opinion polls): higher taxes on the rich and corporations, universal health care provided by the government. Most Americans want to be in a Union.
Most Americans recognize that there's too much power concentrated in the hands of a few big businesses. Most Americans think corporations make too much profit. Most Americans agree that differences in incomes are too large.
One gets an entirely different view of America when one actually looks at public polling, public opinion polls. It's quite different from what we're being fed by the mainstream press.
Most Americans are not way to the right. And they aren't way to the left. They're compassionate, sensible and moral... :)
All money has been taxed over and over again. The twenty in my purse has exchanged hands over and over again and each time there was likely a tax. Cain's sales tax will tax the same dollar over and over again every time it's used to buy something. Complaining that money was already taxed is not an argument. To be accurate, money isn't ever taxed. Transactions and transfers are taxed. Moreover the inheritance tax never affected anything as small as small businesses, small farms, family homes etc. I doubt if there are many people on these boards who ever have to worry about it.
The people occupying wall street represent the 99% of Americans who have had half their wealth stolen, in some cases their very homes stolen, by huge commercial banks and their political power stolen by lobbyists for giant corporations. Faldur, you just belong to the .0002% to stupid to know when they're being taken and by whom. Stop believing everything you see on Fox Snooze.
So explain to me how 50,000 divided up between 50 states, and darling I am being generous in that figure. How 50,000 represent 300,340,050? How does that happen? Did they get proxy by notary?
So when the Tea Party meets with similar numbers, they represent the 99% also. Or is it just you who determines that? Frankly Trish, the nation is laughing at these fools. Gotta admit its good entertainment.
Believe it or not, I'm actually pro-estate tax myself. It's aimed at the rich, and more importantly, the deceased rich. They're dead. What do they need all that money for?! I'm also for the cap gains tax. Tax the rich, feed the poor. Dead people and money should not be able to make even more money so easily at the expense of the living and destitute.
For the middle class and lower though, and for the working rich, I think tax rates should be absolutely minimal. If you work for your money, you shouldn't pay taxes, but if your money produces more money, or you're in the ground, you should. It's about effort, not net worth or posthumous working capital. :geek:
~BB~