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And now for something completely different.. (Govt Sucks!)

wrong.

And for the dumbo who calls this socialism, shut up. The very essence of the free market is that the price reflects all costs - internal and external (you’d know that if you didn’t limit your reading to scope reviews and how to inflate sex dolls).


Idiot


Free market doesn’t allow people to dump toxins.

That’s bought and paid for politicians.

Also lol. Oh Monsanto hurt people ?

How about moderna Pfizer etc. Even before the hoax virus death vaccine and all that other shit they push.
 
Idiot.


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^thats not capitalism. That’s oligarchy / communism etc.
 
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Power corrupts
Absolute power corrupts absolutely
-lord Acton (aka some British fag)


Get your abortion shit and left wing talking points da fuck outta here.
 
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Remember Anthony Weiner? They guy emailing dick pics all over New York state? Besides being the typical leftist, pedophile, pervert, he was honest with people about the intentions of America's hate filled, evil socialists and their plans for the peasants of the New World Order.

When socialists are done with this country everyone will reset to ZERO dollars and ZERO net worth when they die. He was very animate when he was speaking on MSNBC and he was on TV a lot back in the day when he was a full blown Clinton lackey. He was constantly arguing for a 100% estate tax. Why? Because after you die, it is the socialist's contention that your family has no right to your accumulated wealth or property.

The Democrats/communists/socialists plan is to STOP generational wealth transfer, except for cases where the billionaire is rich beyond belief or politically well connected. The Bill Gates of the world are allowed to move their collective wealth globally, hide it in trusts, foundations and corporations. The corrupt elected officials simply exclude themselves from the laws or align themselves with their wealthy Chinese masters and they too are protected from poverty.

Robbing this woman is an example of how they plan to do it.

In what world would $2300 dollars in an investment accumulate $13,000 in gains in five years??? That is literally pawn shop interest rates.

In what world would you be allowed to recover 300% of what you are legally owed and keep the balance after being repaid?

How are they able to keep the excess and not repay the lien holder, i.e. the company holding the mortgage on the property?

In a world controlled by EVIL socialists.

As we speak, they are seizing and selling the homes of people placed in care facilities and using Medicare. The IRS seizes assets worth far more than they are owed and keeps the profit when they sell them to their connected friends at banks and land development companies. If you have cash or specie, they can steal it and claim your are a drug dealer or involved in some yet unknown illegal activity and divide it among themselves.

In spite of what the FBI claimed, this man had legally obtained his collection over decades. It was stolen from him so government museums could avoid paying for the items they wanted to steal.

https://www.indystar.com/story/ente...-artifacts-fbi-found-indiana-farm/2990542002/

In this instant, the state of Pennsylvania helped wealthy elites steal a privately held Impressionist are collection from it's original foundation and college so the well connected could "loan it" to themselves and keep it in their private homes.

I know I'm about to get torched here, but I don't understand why inheritances aren't taxed and damn near everything else is.

If you pay me for services, I pick that up as taxable income. Now I go buy groceries, clothes, ammo, whatever. I don't get to deduct those expenses, but the grocery store/gun shop/retailer still picks that up as taxable income and the process repeats. Every dollar in existence has been taxed countless times.

So.... why the hell do I get taxed out the ass on the income I earn, but someone that inherits a bunch of "free" money doesn't pay jack shit? On top of that, stepped up basis allows the beneficiary to pay ZERO tax on any appreciated assets upon their sale- in other words, neither they (the beneficiary) nor the deceased ever paid any taxes on that appreciation on all the investments the beneficiary cashes out on.

Frankly, it just doesn't make sense. I don't believe we should have an income tax OR property taxes at all, but the logic behind our system of taxation is ass backwards and people get way too upset when politicians suggest eliminating stepped up basis or lowing the lifetime exclusion when there are MUCH bigger issues at play.
 
I know I'm about to get torched here, but I don't understand why inheritances aren't taxed and damn near everything else is.

If you pay me for services, I pick that up as taxable income. Now I go buy groceries, clothes, ammo, whatever. I don't get to deduct those expenses, but the grocery store/gun shop/retailer still picks that up as taxable income and the process repeats. Every dollar in existence has been taxed countless times.

So.... why the hell do I get taxed out the ass on the income I earn, but someone that inherits a bunch of "free" money doesn't pay jack shit? On top of that, stepped up basis allows the beneficiary to pay ZERO tax on any appreciated assets upon their sale- in other words, neither they (the beneficiary) nor the deceased ever paid any taxes on that appreciation on all the investments the beneficiary cashes out on.

Frankly, it just doesn't make sense. I don't believe we should have an income tax OR property taxes at all, but the logic behind our system of taxation is ass backwards and people get way too upset when politicians suggest eliminating stepped up basis or lowing the lifetime exclusion when there are MUCH bigger issues at play.

Spoken like a true socialist that hates others for saving money to pass on instead of squandering it all away.

You ALREADY paid a huge amount of taxes on all the money and wealth you diligently saved up to be able to leave to your children.
The government has NO right to come take that from your heirs so they can hand it out to themselves and their voting block. NONE, ZERO!

You literally want the government to tax away everybody's wealth over and over again until only the government has the money and everybody else is slaves.... congratulations stupid you are about to get that soon enough.

The Government loves folks like you begging them to "tax me harderd daddy as long as you claim to only be taxing the "bad rich""

It's the same reason we are saddled with oppressive income taxes, the people begged for unlimited taxation to "stick it to those rich folks" and guess who wound up being tax slaves... oh right... NOT the rich folks...

You might take a look at what the actual rich did... like this one billionaire some time back who was blathering on about we need more inheritance taxes to be fair and just and help the government "pay off the debt" or some such B.S.
Nobody seemed to call him out on the fact that he had carefully moved ALL his wealth into trusts and corporations so the government would never get any on his death. Nor did anyone bother to bring up that he made his ill gotten wealth by finding less wealthy folks such as farmers and business owners who were "property rich" but cash poor and when they died the government came a demanding taxes from stuff with little immediate liquid value, so he could waltz in and scoop up the stuff at rock bottom prices so he could get his, the government could get theirs and the heirs were left with nothing and yet another farm or business became the property of the mega rich elite..

STOP letting the government manipulate you with hate, envy and greed into giving them more power.
 
I know I'm about to get torched here, but I don't understand why inheritances aren't taxed and damn near everything else is.

If you pay me for services, I pick that up as taxable income. Now I go buy groceries, clothes, ammo, whatever. I don't get to deduct those expenses, but the grocery store/gun shop/retailer still picks that up as taxable income and the process repeats. Every dollar in existence has been taxed countless times.

So.... why the hell do I get taxed out the ass on the income I earn, but someone that inherits a bunch of "free" money doesn't pay jack shit? On top of that, stepped up basis allows the beneficiary to pay ZERO tax on any appreciated assets upon their sale- in other words, neither they (the beneficiary) nor the deceased ever paid any taxes on that appreciation on all the investments the beneficiary cashes out on.

Frankly, it just doesn't make sense. I don't believe we should have an income tax OR property taxes at all, but the logic behind our system of taxation is ass backwards and people get way too upset when politicians suggest eliminating stepped up basis or lowing the lifetime exclusion when there are MUCH bigger issues at play.
It is taxed. It's just that you have to know the loopholes. But inheritance tax is like a private transaction tax . If you give your buddy $20, govt doesn't tax that.

And I would politely point out that the person who earned it can do what they want. Life isn't fair. Don't be jealous of others. Go get your own hunk of paradise and enjoy. And in a gesture of goodwill I will give you an untaxed cold beer and explain further, should you find yourself in my neighborhood
 
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I know I'm about to get torched here, but I don't understand why inheritances aren't taxed and damn near everything else is.

If you pay me for services, I pick that up as taxable income. Now I go buy groceries, clothes, ammo, whatever. I don't get to deduct those expenses, but the grocery store/gun shop/retailer still picks that up as taxable income and the process repeats. Every dollar in existence has been taxed countless times.

So.... why the hell do I get taxed out the ass on the income I earn, but someone that inherits a bunch of "free" money doesn't pay jack shit? On top of that, stepped up basis allows the beneficiary to pay ZERO tax on any appreciated assets upon their sale- in other words, neither they (the beneficiary) nor the deceased ever paid any taxes on that appreciation on all the investments the beneficiary cashes out on.

Frankly, it just doesn't make sense. I don't believe we should have an income tax OR property taxes at all, but the logic behind our system of taxation is ass backwards and people get way too upset when politicians suggest eliminating stepped up basis or lowing the lifetime exclusion when there are MUCH bigger issues at play.
So if I inherit the family farm from Grandpa I should pay tax for it? Sell off half of it to pay taxes?

The deceased paid tax before he invested it. The beneficiary never had it until someone died.

When property values go up should people pay income tax on that even if they don't sell?
 
It's legalized theft, pure and simple. And because we've acquiesced and let them get away with it.

I just love it when the county sends me a vote ballot asking if I am in favor of raising my own property taxes so they can pay for another school or fire department. Fuck no is my response (vote). I don't give a fuck what or who it's for...schools, fire departments, police, or Mother Teresa.
Yeah I always voted against that shit. I never understood how it’s ok for non property owners to vote on other people’s property rights and that’s coming from a renter. I also know that shit rolls downhill, so any rise in property tax will be paid by me.
 
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Spoken like a true socialist that hates others for saving money to pass on instead of squandering it all away.

You ALREADY paid a huge amount of taxes on all the money and wealth you diligently saved up to be able to leave to your children.
The government has NO right to come take that from your heirs so they can hand it out to themselves and their voting block. NONE, ZERO!

You literally want the government to tax away everybody's wealth over and over again until only the government has the money and everybody else is slaves.... congratulations stupid you are about to get that soon enough.

The Government loves folks like you begging them to "tax me harderd daddy as long as you claim to only be taxing the "bad rich""

It's the same reason we are saddled with oppressive income taxes, the people begged for unlimited taxation to "stick it to those rich folks" and guess who wound up being tax slaves... oh right... NOT the rich folks...

You might take a look at what the actual rich did... like this one billionaire some time back who was blathering on about we need more inheritance taxes to be fair and just and help the government "pay off the debt" or some such B.S.
Nobody seemed to call him out on the fact that he had carefully moved ALL his wealth into trusts and corporations so the government would never get any on his death. Nor did anyone bother to bring up that he made his ill gotten wealth by finding less wealthy folks such as farmers and business owners who were "property rich" but cash poor and when they died the government came a demanding taxes from stuff with little immediate liquid value, so he could waltz in and scoop up the stuff at rock bottom prices so he could get his, the government could get theirs and the heirs were left with nothing and yet another farm or business became the property of the mega rich elite..

STOP letting the government manipulate you with hate, envy and greed into giving them more power.
For the love of God, stop it.

I'm opposed to both income and property taxes. I thought I made that clear. The socialist bullshit is out of line. I don't support estate tax either... my point was to show that estate taxes are the least of our concern given the current tax code in the US. If I were the HMFIC, we'd move towards minimal taxation through a consumption based (i.e., sales tax) model to support a miniscule federal government that would essentially support the military and not much else.

I'm also a CPA in private practice for the better part of 20 years. I'm the motherfucker that helps the wealthy to manipulate the tax code to preserve their multigenerational wealth. Just this past year, I helped an individual that inherited a fuckin' railroad to not only not pay any taxes, but receive a refund of around $8500 through child tax credits and the earned income tax credit. He bought a damned Lamborghini in the same year.

The key takeaway here is that you're subject to taxation on everything you earn, but not what you receive for "free." IMO, that's ridiculous. That's all I was getting at. I'm going to respectfully bow out of this thread. Everyone has an opinion, even if they have no idea of how all the moving parts come together.

Now I feel like Greengojuan over here...
 
Also a reminder, there is no free lunch.

and IF inheritances were not taxed (again they are) the proper question would not be why don't we, the proper question is why is everything else taxed...

Now that UK fucktard is gonna come by and tell us we need some regulation and taxes, but we became a world power without an income tax. And a payroll tax, and.....
 
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Idiot


Free market doesn’t allow people to dump toxins.

That’s bought and paid for politicians.

Also lol. Oh Monsanto hurt people ?

How about moderna Pfizer etc. Even before the hoax virus death vaccine and all that other shit they y
Power corrupts
Absolute power corrupts absolutely
-lord Acton (aka some British fag)


Get your abortion shit and left wing talking points da fuck outta here.
Why, does it make you feel booboo?

It’s not left wing talking points. Any of you ever lived in a no govt society? Think you can function in anarchy?

You’re a baby.
 
Why, does it make you feel booboo?

It’s not left wing talking points. Any of you ever lived in a no govt society? Think you can function in anarchy?

You’re a baby.
Yes because there’s is no choice for small limited government

Only Somalia or North Korea.

Idiot
 
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