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The main part of this I object to is the repeal of estate taxes. I don't understand why they're doing it.
by ameister14 9y ago
The main part of this I object to is the repeal of estate taxes. I don't understand why they're doing it.
- mcbruiser4 9y agobecause... double taxation is unfair?
- megaman22 9y agoI don't understand why I should be taxed for dying... The state stealing any portion of my hard-earned and already-taxed wealth from my heirs is something I object to.
- jbob2000 9y agoEstate taxes aren't really there for you and I, the common man. I think most estate taxes are marginal anyways (you pay lower taxes on the first X thousand dollars, etc.). They exist to prevent the ultra rich and powerful from vacuuming up all the wealth. Daddy makes billions, gives it all to his children who go and buy more companies, make more billions, and after two or three generations, the entire country is owned by like 3 families. It exists to prevent Rothschild from ever happening again. You can't have a functional democracy when everything is run by a handful of people.
- xaqfox 9y agoBillionaires can afford estate planners and trust lawyers, so wouldn't this disproportionately affect the poor?
- ameister14 9y agoIf the poor were already handing down more than the 5.5 million the previous tax allowed for, I'm not sure they can be classified as poor.
- jbob2000 9y agoThose guys all want a slice of the pie too, which means less gets passed down. Hilarious that you think poor people give a flying fuck about estate taxes. Most poor people die in debt or with nothing to their name. I'm sure you could say the same for the middle class too.
- riahi 9y agoDo you plan on passing 5.49 million at time of death? Why not move that money around while still alive?
- ameister14 9y agoBecause we don't want an aristocracy and it's better if your heirs, when they become worthless as they never have to work and look down on 'tradesmen' don't have the power to make decisions for everyone else in the country.