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People think that they're taxing the mega rich, and getting a benefit... NO! That's not what happens.

Here's what happens:

  • The mega rich hide their money, and don't pay inheritance taxes.

  • The moderately successful, low-figure millionaires are the ones that have to pay inheritance taxes. And it's stupid because: A) They're being double-taxed. B) The mega rich acquire their assets.

So, in effect, inheritance tax transfers wealth to the mega rich, and big corporations. When a farmer's kids have to sell the farm to pay inheritance tax, the people on the lower end of society don't beneft. The farm is going to by scooped up by mega corporations, who will then tighten their control on society. It doesn't have a benefit to the plebs.

People think that they're taxing the mega rich, and getting a benefit... NO! That's not what happens. Here's what happens: - The mega rich hide their money, and don't pay inheritance taxes. - The moderately successful, low-figure millionaires are the ones that have to pay inheritance taxes. And it's stupid because: A) They're being double-taxed. B) The mega rich acquire their assets. So, in effect, inheritance tax transfers wealth to the mega rich, and big corporations. When a farmer's kids have to sell the farm to pay inheritance tax, the people on the lower end of society don't beneft. The farm is going to by scooped up by mega corporations, who will then tighten their control on society. It doesn't have a benefit to the plebs.

(post is archived)

[–] • 9 pts

*Ahem*

Taxation is theft!

[–] [deleted] • 4 pts

How did a country start taxing after revolting because of tax? Anybody thinking about taxes should have been shot on sight.

[–] [deleted] • 2 pts

Did it really all start to be normalized with "war effort" propaganda or was it before that?

[–] • 0 pt

Necessity is usually what forces changes, so yeah, you might very well be onto something with the "war effort", when it comes to taxation

[–] [deleted] • 0 pt

I'm not so good with the history, but they shouldn't have let any excuses fly. Slippery slope.

[–] • 1 pt

Pretty much all you need to know about this topic.

[–] • 1 pt

yes, this, and to those who say things like, what about the roads? Ask them how churches are funded? All through voluntary donations and there are tons of them all around trying to do good for their communities. Why can't governments function in a similar way? it doesn't have to be taken with the force of violence. If being a citizen was so great, and the service provided was valuable, people would be happy to pay, at least then the government would be incentivized to make sure it's citizens prospered, unlike now where they get paid whether people are happy or not.

[–] • 4 pts

Start talking to your estate planning lawyer about a trust and different ways you can protect your children’s inheritance.

Also look into life insurance.

[–] • 1 pt

Yup, this. My family just found out about trusts ourselves, someone was nice enough to tell us when we said we were worried about losing my grandparents’ house. Supposedly insurance companies can’t even touch the house if it’s in a trust.

[–] [deleted] • 2 pts

Inheritance taxes are one of the 10 planks of communism.

[–] • 2 pts

Generational wealth is also immoral and stupid.

I can't buy land because all the land in my area was bought up 100s of years ago by families that are now so rich they never work a day in their life and they never use the land.

IMO the maximum inheritance should be $1 mil.

[–] • 3 pts (edited )

Absolutely ridiculous.

First it's not immoral, it's called inheritance and legacy. It's MORAL to work hard, it's MORAL to give your kids your earnings. You don't deserve a damn parcel of it. I don't care if the kids smoke weed and ride go-karts on the land all day, their parents worked to give it to them and it's their property. Who are you to be entitled to it because you're envious?

Second it's not stupid, it's very smart. Only smart families work hard and keep their land in their family. Only smart people think about how to build wealth instead of squandering it and becoming indebted for the rest of their lives.

Third, you "can't buy land????" What the flying fuck are you even talking about? Unless you live in San Francisco (in which case MOVE) there is plenty of land. Of course you can buy land! Nobody is stopping you except for your apparent victim mentality. If you can't afford 3 acres buy 1/2 acre and stick a cheap RV on it and make payments while you work for 5-10 years. Then sell it, upgrade to larger acreage, rinse and repeat. You can build your way to wealth through sacrifices and stair stepping your way up to it slowly.

"Maximum inheritance" - enforce by what, the law? So you want create a law that punishes anyone who tries to give their children more than $1 million.. despite them working for it and maybe even their kids working for it you want to centrally tyrannically put a cap on how much a family can keep? You probably have no idea how Communist this idea sounds, do you?

[–] • 1 pt

And the system you describe is where a small group, such as the jews, can continue to consolidate wealth generation after generation. Using that wealth to propagandize, oppress and eventually genocide the majority. Isn't this exactly the outcome everyone here is unhappy about?

[–] • 1 pt

Simple solution. Get rid of the jews.

[–] [deleted] • 0 pt

>> I don't care if the kids smoke weed and ride go-karts on the land all day, their parents worked to give it to them and it's their property.

More and more people see government as daddy. They'll be smoking weed and riding mario carts on that UBI, all while thinking it's some kind of inheritance.

I will concede that your ideas work when government isn't big enough to be daddy for most people in a country. This is not the reality of today.

[–] • 2 pts

And anything over $1 million should be taken by the government and put towards “free” healthcare, “free” college, and “free” housing right? Because it’s not fair if someone has more than you right?

[–] • 1 pt

You're assuming that because you live under a corrupt jewish government that the only system that could replace it is a corrupt jewish one.

The current system is designed to allow the wealth of the top 1% to snowball in perpetuity while the middle class is taxed so heavily it's impossible to ever work your way out. A lean government could run exclusively off death taxes and tarriffs without the need for an income tax. Would that not be a more fair system? Stealing from the dead rather than the living?

[–] • 0 pt

Oh fuck off you Jewish cunt. No.

[–] • 1 pt

And I suppose all the rest of the inheritance should be given to kikes, right?

[–] • 0 pt

It's partially because kikes have been snowballing wealth for centuries that they are in the position of power they have today.

[–] • 1 pt

The very wealthy put all their wealth into estates. When they die they avoid inheritance tax as they don't own it, the estate does. They simply pass it via ownership (management) of the estate.

The real problem is the concept of inheritance shelters. They should all be destroyed. Either everyone pays inheritance tax or no one should.

Likewise, with land, it should be required to be developed in some way every other generation or mandatory sold.

[–] • 2 pts

The government will slowly buy it up. Most likely ruin it like when states buy up potlatch

[–] • 1 pt

All the double taxing needs to stop especially, nevermind the FED.

[–] • 1 pt

It's so obvious it hurts, yet faggots can't seem to grasp this.

[–] • 0 pt

how many times can they tax the same money? fukn jews

[–] [deleted] • 0 pt

The mega rich have so many tax dodges it's insane. That's one reason CA is so fucked up. There are a lot of mega rich there and that's factored into the tax rate and public spending but they end up never having to pay so the middle class and poor can't afford anything because of taxes.

Why do you think Howard Hughes spent so many years living in hotels? He sure as fuck wasn't going to pay taxes.

[–] • 0 pt

I'm pretty sure what fucked Cali is that they need referendum to increase taxes and referendum to increase benefits and social programs. So even if taxes are already really high, people vote to increase programs and benefits, but turn down new taxes, leading to more deficits. (obv, lots of loopholes)

[–] • 0 pt

do you think Jews pay tax on their inheritance? Watch the Rothschilds movie

[–] • 0 pt

Jews have too many jewyers that expertise in trust fund/estates

[–] • 0 pt

Lol. Go start a trust fund like a smart person and stop this nonsense. I think Weiss and associates has a PDF book you can read. Basically think of inheritance as a corporation and trust fund is a charity organization.

[–] • 0 pt

Thus saith the same people who don't want to give the IRS enough agents to stop wealthy tax dodgers.

[–] • 0 pt

Surely giving more power to the government can only end well right?

[–] • 0 pt (edited )

Giving more power to certain parts of the government actually can. Multibillionaires don't just avoid taxes via legal means, and if the IRS doesn't have enough agents to track through their shell corporations and money washers all that's left is to tax the rest of us. If the real purpose in starving the IRS of agency* is to reduce the government's tax income you're going about it dishonestly.

You can't oppose the REAL money without giving the IRS more power. So the end result of the game you're playing is exactly what we have now. The only question is whether you're a willing participant or a useful idiot.

*action or intervention, especially such as to produce a particular effect.

[–] • 0 pt (edited )

The increase in funding and ability to screw us over would just be used to shake us down harder, and regardless of where the money is coming from it's still being used against us. I have no desire to "oppose real money", as that's simply an attempt to maintain a power gap. So much of the shit that's pushed is completely unneeded for maintaining control and shaking down the masses yet it's done anyway.

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