HR 1105-GOPers' $269 Billion handout to Millionaires

[The Rabbi]

Bottom line...This bill will BE VETOED........

To benefit about 5,000 families of tax savings they don't need, more than a MILLION unemployed Americans could be put to work......Figure it out.

First off, that's simply untrue. Second who the fuck are you to tell anyone what they need, Dexter?

 

[2aguy]

Bottom line...This bill will BE VETOED........

To benefit about 5,000 families of tax savings they don't need, more than a MILLION unemployed Americans could be put to work......Figure it out.

You are an idiot......that money goes directly to corrupt politicians who never earned one dime of that money...and spent the money that was already taxed from that dead individual.........and now they are coming back for more........

 

[nat4900]

The inheritance tax is a wealth killer. It forces families to sell businesses and assets that could otherwise be used profitably.

Sell the businesses to WHOM, dingbat?

We are talking about 5000 people who'll benefit and most of these make up the nobility class that you worship.

They do not need your fucking largesse....only your brainwashing.

 

[2aguy]

The inheritance tax is a wealth killer. It forces families to sell businesses and assets that could otherwise be used profitably.

Sell the businesses to WHOM, dingbat?

We are talking about 5000 people who'll benefit and most of these make up the nobility class that you worship.

They do not need your fucking largesse....only your brainwashing.

And your priest class.....corrupt politicians...will get that money for their god...the state....and then they will use that ill gotten money to increase their own power.....nice of you to help them in that.......moron...

 

[nat4900]

You are an idiot......that money goes directly to corrupt politicians who never earned one dime of that money...and spent the money that was already taxed from that dead individual.........and now they are coming back for more........

You do realize that a majority of those "corrupt politicians" are the idiots YOU voted in?

 

[2aguy]

You are an idiot......that money goes directly to corrupt politicians who never earned one dime of that money...and spent the money that was already taxed from that dead individual.........and now they are coming back for more........

You do realize that a majority of those "corrupt politicians" are the idiots YOU voted in?

I'm not the one who wants to give them more money in taxes.........you are....moron.......some idiot is going to sit in that seat...I vote for the one who will do the least harm, and try to keep them from getting even more money to steal....you assholes want the guys who will rob you blind and then insist you thank them......

 

[2aguy]

Can you even explain why you want people you will acknowledge are almost all corrupt at some level to have even more money to steal, waste and lose to the Bureaucracy.....and the money they steal they will use to increase their power...while giving pennies to the people you claim to want to help.....?

Why do you keep giving these assholes more money?

 

[nat4900]

First off, that's simply untrue

From the O/P, nitwit......

............Only a few thousand of the wealthiest families are subjected to it -- 4,700 total in 2013, according to the Joint Committee on Taxation.......

 

[2aguy]

First off, that's simply untrue

From the O/P, nitwit......

............Only a few thousand of the wealthiest families are subjected to it -- 4,700 total in 2013, according to the Joint Committee on Taxation.......

i don't care if only one person was subject to it.....stealing is stealing wether it is allowed by law or not....and you want politicians to spend this money on themselves rather than have the man's family spend it and use it.........

 

[nat4900]

Can you even explain why you want people you will acknowledge are almost all corrupt at some level to have even more money to steal, waste and lose to the Bureaucracy.....

See, this is why its useless to debate with right wingers....

YOU are such a libertarian right winger that you don't want ANY taxes to go to the treasury......

However, we are talking about a whole other issue...and that is a fair tax burden for ALL of us.

 

[nat4900]

and you want politicians to spend this money on themselves rather than have the man's family spend it and use it.........

That is NOT what I stated........I hate most politicians and given your mindset you are ...or should be.....a tax dodger.....otherwise you're just another bitching hypocrite on here.

 

[excalibur]

Nonsense, those are mostly small businesses that took a lifetime of very hard work to build. And all the while they were paying all sorts of taxes.

 

[nat4900]

Nonsense, those are mostly small businesses that took a lifetime of very hard work to build. And all the while they were paying all sorts of taxes.

Yet another right wing idiot steps up.....Did you read the O/P that clearly states 4700 individuals would be impacted???

Are you then saying that all we have in this country is 4700 small businesses?

 

[nat4900]

and you want politicians to spend this money on themselves

Look.....YOU are birching on PRINCIPLE that there should be NO taxation since politicians are corrupt.....Fine, but that is a separate argument from this thread.

 

[nat4900]

Nonsense, those are mostly small businesses that took a lifetime of very hard work to build. And all the while they were paying all sorts of taxes.

Since reading is not your forte....Let me repeat what the original post stated (and tell us if we're talking about "small businesses")

Only individual fortunes worth over $5.43 million can be taxed under current law, an amount that doubles to $10.86 million for wealthy couples.

 

[excalibur]

Clean up in aisle 7!

7. Most countries have a death tax rate far lower than our own, and many have no death tax at all. The United States, with its gut-punching 40 percent federal death tax rate plus the various state rates, has the fourth-highest death tax rate in the world. We’re only ahead of Japan, South Korea, and France. Many familiar countries–Australia, Canada, Israel, and even Sweden–have no death tax at all. In a world where capital is mobile and global, this matters a lot. People don’t have to die in the United States.

8. The death tax is bad for jobs and killing it would give you a raise. Again according to the Tax Foundation (they’ve done some great work in this field) the death tax is an economy killer. They have a macroeconomic “dynamic” model to see what killing the death tax would do to the job market. It projects that killing the death tax would create 139,000 jobs, increase private business hours by 0.1 percent, and increase wages by 0.7 percent.

9. The death tax is bad for economic growth and repeal literally pays for itself. The same Tax Foundation report says that the death tax would increase the economy by 0.8 percent (or $137 billion in today’s dollars).

Because this additional economic growth would be subject to taxation all its own, it would more than make up for the revenue lost by repealing the death tax–it would make up the $20 billion per year, plus yield an extra $8 billion per year on top of that. You heard that right–we’d actually collect more tax revenue if we stopped collecting the death tax.

10. The death tax is even bad for the environment. A recent study by Brian Seasholes at Reason shows that the death tax leads to the subdivision of many large, privately owned land tracts. That’s because heirs–land rich but cash poor and in need of money to pay the death tax–sell off parcels of land in order to satisfy Uncle Sam. This leads to development of land which would never have been developed except for the death tax.

Top Ten Reasons The U.S. House Will Kill The Death Tax

 

[Toddsterpatriot]

Nonsense, those are mostly small businesses that took a lifetime of very hard work to build. And all the while they were paying all sorts of taxes.

Yet another right wing idiot steps up.....Did you read the O/P that clearly states 4700 individuals would be impacted???

Are you then saying that all we have in this country is 4700 small businesses?

Don't forget all the people, and businesses, that spend billions each year to arrange their affairs to escape this stupid tax.
What a waste.

 

[nat4900]

Republicans want to completely eliminate the Estate Tax to "unburden" the richest 0.2% of households that include the likes of Romney and Kochs of America.

...and this is why, even if the house passes the bill......the WH will VETO it.

 

[nat4900]

Don't forget all the people, and businesses, that spend billions each year to arrange their affairs to escape this stupid tax.
What a waste.

"Spend Billions" on what, dingbat?........Donations to the poor? Starting new businesses? Foundations for education?

....OR.....fancier Lear Jets.....Homes in Monaco.....or political contributions to the whores in D.C.?

 

[Toddsterpatriot]

Don't forget all the people, and businesses, that spend billions each year to arrange their affairs to escape this stupid tax.
What a waste.

"Spend Billions" on what, dingbat?........Donations to the poor? Starting new businesses? Foundations for education?

....OR.....fancier Lear Jets.....Homes in Monaco.....or political contributions to the whores in D.C.?

Lawyers mostly.
And other things that don't benefit the economy.