dilloduck
Diamond Member
Because they can.
Why do we allow it ?
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Because they can.
And there you have it folks; Millionaires Not Wealthy!
If the right can't even admit the obvious they are brainwashed indeed!
I already answered the question. Income is taxed. When you give it away, it is no longer yours. You aren't being taxed, the one getting the income is being taxed.I asked you first--and I believe it would be called a gift tax.
JReeves began the thread falsely asserting that everyone had to pay the estate tax. He didn't realize there was a 2 to four million dollar exemption that could be inherited tax free.
When his own link proved him wrong, is when he changed his argument and started crying that inheriting 2 million dollars tax free simply wasn't good enough. I guess he had been so thoroughly propogandized by Rush Limbaugh, that he thought normal, middle class families face huge and painful estate tax burdens. When in fact, less than 1% of america's wealthiest families ever pay any sort of estate tax.
Why does the government tax the results of MY work over and over and then have the balls to tax me for giving it to someone ?
I already answered the question. Income is taxed. When you give it away, it is no longer yours. You aren't being taxed, the one getting the income is being taxed.
Why should this one exception be made?
So?Because I am freely giving it to someone.
So why should the recipient of my generosity have to pay the goverment ?
You haven't heard that age-old axiom of the left? "What's mine is mine and what's yours is mine?"
You haven't heard that age-old axiom of the left? "What's mine is mine and what's yours is mine?"
It doesn't matter where income comes from, it is still income. It's possible that you could give your money to someone in another country and they wouldn't have to pay US income taxes on it. But they'd have to pay their country's income tax on it.So why should the recipient of my generosity have to pay the goverment ?
Death tax is a misnomer. Even estate tax
Why a bunch of middle class nuts on a message board obsess over finding a way for the benefactors of the rich to avoid paying taxes is a MYSTERY.
Make me rich then.the "rich" create jobs for the middle class. taxing them eliminates more middle class people.
this in turn creates more poor people.
the real answer to inequity would be to make the rich more wealthy in turn creating more middle class workers and eliminating poverty.
it's a realistic solution. It's called wealth creation. The growth of the over all economy benefitting all involved.
It doesn't matter where income comes from, it is still income. It's possible that you could give your money to someone in another country and they wouldn't have to pay US income taxes on it. But they'd have to pay their country's income tax on it.
shit Ravi--I know what the law is. How can anyone think it's reasonable for the government to tax the SAME money over and over and over !!
<resisting desire to call you a retard>
ALL MONEY is taxed over and over again, retard! Every time it changes hands.
<damn, I couldn't help myself>
the "rich" create jobs for the middle class. taxing them eliminates more middle class people.
this in turn creates more poor people.
the real answer to inequity would be to make the rich more wealthy in turn creating more middle class workers and eliminating poverty.
it's a realistic solution. It's called wealth creation. The growth of the over all economy benefitting all involved.
mystery solved...
<resisting desire to call you a retard>
ALL MONEY is taxed over and over again, retard! Every time it changes hands.
<damn, I couldn't help myself>
trickle down-VOODOO economics....
since the wealthy have become even wealthier, WHY THEN haven't the middle class benefitted from this as well, istead of losing ground as the figures have shown?