Jesus Christ, people calling estate tax "double taxation."
Hey, guess what? When you get your paycheck, you pay tax. When you go to the store with that money and buy shit, you pay tax. Is that double taxation? But wait! The company you bought that stuff from has to pay tax on their income. Triple taxation! And then they use some of the money that's left over to pay their employees, and those guys pay taxes on that money! What the hell, government?
how about a goddamn death tax if you want to be accurate and pedantic
the government literally taxes your money because you die
MAKES
SENSE
PiptheFair on
0
Der Waffle MousBlame this on the misfortune of your birth.New Yark, New Yark.Registered Userregular
Median household income in the U.S. is $50K. If half of all families in the country can get by on less than that, then you have no excuse for struggling with five times as much.
Oh, right, it's not like I can't afford to live, but things like letting mrs deacon stay home and raise the kids and art and swim lessons for them are the reason I get up early and bust my ass all day.
Jesus Christ, people calling estate tax "double taxation."
Hey, guess what? When you get your paycheck, you pay tax. When you go to the store with that money and buy shit, you pay tax. Is that double taxation? But wait! The company you bought that stuff from has to pay tax on their income. Triple taxation! And then they use some of the money that's left over to pay their employees, and those guys pay taxes on that money! What the hell, government?
how about a goddamn death tax if you want to be accurate and pedantic
the government literally taxes your money because you die
MAKES
SENSE
It's not your money anymore. You're dead. Dead people can't own things.
Jesus Christ, people calling estate tax "double taxation."
Hey, guess what? When you get your paycheck, you pay tax. When you go to the store with that money and buy shit, you pay tax. Is that double taxation? But wait! The company you bought that stuff from has to pay tax on their income. Triple taxation! And then they use some of the money that's left over to pay their employees, and those guys pay taxes on that money! What the hell, government?
how about a goddamn death tax if you want to be accurate and pedantic
the government literally taxes your money because you die
MAKES
SENSE
It's not your money anymore. You're dead. Dead people can't own things.
no they actually can
or they'd be tossed in a hole naked
PiptheFair on
0
MrMonroepassed outon the floor nowRegistered Userregular
I mean, I think that there is a pretty good argument against taking a large chunk of someone's estate just because they died. That seems pretty reprehensible. What are you taxing? Their death? They should be able to will it away to whoever the fuck they want.
I agree in principle as it's double taxation but what exactly is the point of amassing obscene amounts of money and not doing anything with it?
Making it so your kids and their kids don't have to work?
John Adams told me that was the point of America in a TV show I saw
Well it kind of is the point of America but if you can achieve that with only a fraction of what you're leaving behind is it really so unfair that a chunk get taken out to pay power armor for our troops?
More unfair than basically any other form of tax, I would say
Mostly because, as you say, it's a double tax
Plus it seems like it'd encourage rich dudes to buy a thousand solid gold boats instead of providing for their progeny, which is kind of sad
oh for heaven's sake
it's not a double tax, because you're not taxing the person who's died
you're taxing the income of their beneficiaries which occurs when they inherit the wealth
The company you bought that stuff from has to pay tax on their income. Triple taxation! [/quoteAnd then they use some of the money that's left over to pay their employees, and those guys pay taxes on that money! What the hell, government?
I don't think that's a fair position. The argument is the government should only get one crack at it before it ends up in a individual persons bank account. Then it's theirs to do with what they will.
Jesus Christ, people calling estate tax "double taxation."
Hey, guess what? When you get your paycheck, you pay tax. When you go to the store with that money and buy shit, you pay tax. Is that double taxation? But wait! The company you bought that stuff from has to pay tax on their income. Triple taxation! And then they use some of the money that's left over to pay their employees, and those guys pay taxes on that money! What the hell, government?
It is different than that and you know it. It's not a simple income financial transaction tax. It was a 45 percent tax. Now it is 35 percent. That is not a normal percentage for taxing a portion of someone's aggregated wealth.
Langly on
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Ubikoh pete, that's later. maybe we'll be dead by thenRegistered Userregular
I mean, I think that there is a pretty good argument against taking a large chunk of someone's estate just because they died. That seems pretty reprehensible. What are you taxing? Their death? They should be able to will it away to whoever the fuck they want.
I agree in principle as it's double taxation but what exactly is the point of amassing obscene amounts of money and not doing anything with it?
Making it so your kids and their kids don't have to work?
John Adams told me that was the point of America in a TV show I saw
Well it kind of is the point of America but if you can achieve that with only a fraction of what you're leaving behind is it really so unfair that a chunk get taken out to pay power armor for our troops?
More unfair than basically any other form of tax, I would say
Mostly because, as you say, it's a double tax
Plus it seems like it'd encourage rich dudes to buy a thousand solid gold boats instead of providing for their progeny, which is kind of sad
oh for heaven's sake
it's not a double tax, because you're not taxing the person who's died
you're taxing the income of their beneficiaries which occurs when they inherit the wealth
Median household income in the U.S. is $50K. If half of all families in the country can get by on less than that, then you have no excuse for struggling with five times as much.
Oh, right, it's not like I can't afford to live, but things like letting mrs deacon stay home and raise the kids and art and swim lessons for them are the reason I get up early and bust my ass all day.
Yes, and it's great that you are able to provide those things for them.
But.
You are in no way entitled to any of that. You have chosen to live your life a certain way, and if that lifestyle happens to be outside what you are actually capable of supporting (as opposed to what you, personally, think it should be) then the fault is not in your stars, but in yourself.
Jesus Christ, people calling estate tax "double taxation."
Hey, guess what? When you get your paycheck, you pay tax. When you go to the store with that money and buy shit, you pay tax. Is that double taxation? But wait! The company you bought that stuff from has to pay tax on their income. Triple taxation! And then they use some of the money that's left over to pay their employees, and those guys pay taxes on that money! What the hell, government?
how about a goddamn death tax if you want to be accurate and pedantic
the government literally taxes your money because you die
MAKES
SENSE
It's not your money anymore. You're dead. Dead people can't own things.
no they actually can
or they'd be tossed in a hole naked
Pip let us discuss the difference between posession and ownership.
I thought becoming poor and then miraculously becoming ultra-wealthy again was one of tony stark's things
Donald Trump has filed bankruptcy three times
Not personally I don't think only his casinos or other businesses have. Trump will never actually go broke because he owns the most valuable property on earth. His problem is he thinks he's a good business man when really he's just a lucky landlord.
Median household income in the U.S. is $50K. If half of all families in the country can get by on less than that, then you have no excuse for struggling with five times as much.
Oh, right, it's not like I can't afford to live, but things like letting mrs deacon stay home and raise the kids and art and swim lessons for them are the reason I get up early and bust my ass all day.
Yes, and it's great that you are able to provide those things for them.
But.
You are in no way entitled to any of that. You have chosen to live your life a certain way, and if that lifestyle happens to be outside what you are actually capable of supporting (as opposed to what you, personally, think it should be) then the fault is not in your stars, but in yourself.
Median household income in the U.S. is $50K. If half of all families in the country can get by on less than that, then you have no excuse for struggling with five times as much.
Oh, right, it's not like I can't afford to live, but things like letting mrs deacon stay home and raise the kids and art and swim lessons for them are the reason I get up early and bust my ass all day.
Yes, and it's great that you are able to provide those things for them.
But.
You are in no way entitled to any of that. You have chosen to live your life a certain way, and if that lifestyle happens to be outside what you are actually capable of supporting (as opposed to what you, personally, think it should be) then the fault is not in your stars, but in yourself.
Did you take a blow to the head at some point, or are you really this unabashedly obtuse?
Jesus Christ, people calling estate tax "double taxation."
Hey, guess what? When you get your paycheck, you pay tax. When you go to the store with that money and buy shit, you pay tax. Is that double taxation? But wait! The company you bought that stuff from has to pay tax on their income. Triple taxation! And then they use some of the money that's left over to pay their employees, and those guys pay taxes on that money! What the hell, government?
It is different than that and you know it. It's not a simple income financial transaction tax. It was a 45 percent tax. Now it is 35 percent. That is not a normal percentage for taxing a portion of someone's aggregated wealth.
A 35 percent tax with a $1 million exemption.
Verdigris on
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PharezonStruggle is an illusion.Victory is in the Qun.Registered Userregular
edited December 2010
Bernie Sanders owns.
Pharezon on
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PiptheFairFrequently not in boats.Registered Userregular
Median household income in the U.S. is $50K. If half of all families in the country can get by on less than that, then you have no excuse for struggling with five times as much.
Oh, right, it's not like I can't afford to live, but things like letting mrs deacon stay home and raise the kids and art and swim lessons for them are the reason I get up early and bust my ass all day.
Before anyone comments, could you please tell us if that was real or was it like you being black to make a point about race to a humongous jewish guy.
Median household income in the U.S. is $50K. If half of all families in the country can get by on less than that, then you have no excuse for struggling with five times as much.
Oh, right, it's not like I can't afford to live, but things like letting mrs deacon stay home and raise the kids and art and swim lessons for them are the reason I get up early and bust my ass all day.
Yes, and it's great that you are able to provide those things for them.
But.
You are in no way entitled to any of that. You have chosen to live your life a certain way, and if that lifestyle happens to be outside what you are actually capable of supporting (as opposed to what you, personally, think it should be) then the fault is not in your stars, but in yourself.
so you are just a pissed off socialist
got it
Is...is believing people should live within their means a tenet of socialism?
Yes, and it's great that you are able to provide those things for them.
But.
You are in no way entitled to any of that. You have chosen to live your life a certain way, and if that lifestyle happens to be outside what you are actually capable of supporting (as opposed to what you, personally, think it should be) then the fault is not in your stars, but in yourself.
"my stars" aren't talking about all these changes, Obama and the left is.
And since I'm in a very good position right now, I'm certainly entitled to fight against any changes that would disavantage me.
DeaconBlues on
[SIGPIC][/SIGPIC]
0
ButtersA glass of some milksRegistered Userregular
Median household income in the U.S. is $50K. If half of all families in the country can get by on less than that, then you have no excuse for struggling with five times as much.
Oh, right, it's not like I can't afford to live, but things like letting mrs deacon stay home and raise the kids and art and swim lessons for them are the reason I get up early and bust my ass all day.
Before anyone comments, could you please tell us if that was real or was it like you being black to make a point about race to a humongous jewish guy.
Median household income in the U.S. is $50K. If half of all families in the country can get by on less than that, then you have no excuse for struggling with five times as much.
Oh, right, it's not like I can't afford to live, but things like letting mrs deacon stay home and raise the kids and art and swim lessons for them are the reason I get up early and bust my ass all day.
Yes, and it's great that you are able to provide those things for them.
But.
You are in no way entitled to any of that. You have chosen to live your life a certain way, and if that lifestyle happens to be outside what you are actually capable of supporting (as opposed to what you, personally, think it should be) then the fault is not in your stars, but in yourself.
If he earns 250k and spends 250k, he is entitled to live that way. He earned the money to do it.
Median household income in the U.S. is $50K. If half of all families in the country can get by on less than that, then you have no excuse for struggling with five times as much.
Oh, right, it's not like I can't afford to live, but things like letting mrs deacon stay home and raise the kids and art and swim lessons for them are the reason I get up early and bust my ass all day.
Yes, and it's great that you are able to provide those things for them.
But.
You are in no way entitled to any of that. You have chosen to live your life a certain way, and if that lifestyle happens to be outside what you are actually capable of supporting (as opposed to what you, personally, think it should be) then the fault is not in your stars, but in yourself.
so you are just a pissed off socialist
got it
Is...is believing people should live within their means a tenet of socialism?
how is affording things and paying taxes not fucking living within ones means
Jesus Christ, people calling estate tax "double taxation."
Hey, guess what? When you get your paycheck, you pay tax. When you go to the store with that money and buy shit, you pay tax. Is that double taxation? But wait! The company you bought that stuff from has to pay tax on their income. Triple taxation! And then they use some of the money that's left over to pay their employees, and those guys pay taxes on that money! What the hell, government?
A good point up to double taxation, then it starts falling apart, I'm afraid, as it's income from separate labor that is being taxed for both the triple and quadruple taxations to which you referred.
Meanwhile, the folks who inherent your money have to pay sales tax when they spend it, so that is kinda triple taxation, if you think of it that way.
Rupert Murdoch just swung by my window on a web
My boss is demanding pictures
Wait, your boss? But I thought the only one who can get good photos of Spiderman is Spiderman's alter ego?
Good job outing yourself, Spidey.
Dizzen on
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Lord DaveGrief CauserBitch Free ZoneRegistered Userregular
edited December 2010
Ok I figured it out
When you pay income tax, the government should tax that, because it's the government's income
That'll, like, double the income tax revenue
Ok I figured it out
When you pay income tax, the government should tax that, because it's the government's income
That'll, like, double the income tax revenue
promote this man
Dichotomy on
0
HunterChemist with a heart of AuRegistered Userregular
Jesus Christ, people calling estate tax "double taxation."
Hey, guess what? When you get your paycheck, you pay tax. When you go to the store with that money and buy shit, you pay tax. Is that double taxation? But wait! The company you bought that stuff from has to pay tax on their income. Triple taxation! And then they use some of the money that's left over to pay their employees, and those guys pay taxes on that money! What the hell, government?
A good point up to double taxation, then it starts falling apart, I'm afraid, as it's income from separate labor that is being taxed for both the triple and quadruple taxations to which you referred.
Meanwhile, the folks who inherent your money have to pay sales tax when they spend it, so that is kinda triple taxation, if you think of it that way.
Median household income in the U.S. is $50K. If half of all families in the country can get by on less than that, then you have no excuse for struggling with five times as much.
Oh, right, it's not like I can't afford to live, but things like letting mrs deacon stay home and raise the kids and art and swim lessons for them are the reason I get up early and bust my ass all day.
Yes, and it's great that you are able to provide those things for them.
But.
You are in no way entitled to any of that. You have chosen to live your life a certain way, and if that lifestyle happens to be outside what you are actually capable of supporting (as opposed to what you, personally, think it should be) then the fault is not in your stars, but in yourself.
so you are just a pissed off socialist
got it
Is...is believing people should live within their means a tenet of socialism?
how is affording things and paying taxes not fucking living within ones means
I don't even
what are you trying to argue anymore
I think what he's saying is that if someone though a high earner is still living paycheck to paycheck they're not really living within their means. Which isn't an unreasonable point.
Posts
how about a goddamn death tax if you want to be accurate and pedantic
the government literally taxes your money because you die
MAKES
SENSE
what does this mean?
whoa its so intense!
Oh, right, it's not like I can't afford to live, but things like letting mrs deacon stay home and raise the kids and art and swim lessons for them are the reason I get up early and bust my ass all day.
Donald Trump has filed bankruptcy three times
It's not your money anymore. You're dead. Dead people can't own things.
what
no they actually can
or they'd be tossed in a hole naked
oh for heaven's sake
it's not a double tax, because you're not taxing the person who's died
you're taxing the income of their beneficiaries which occurs when they inherit the wealth
One tax.
To different entities. We don't have national sales tax in the US yet
I don't think that's a fair position. The argument is the government should only get one crack at it before it ends up in a individual persons bank account. Then it's theirs to do with what they will.
fucker owns an entire castle
It is different than that and you know it. It's not a simple income financial transaction tax. It was a 45 percent tax. Now it is 35 percent. That is not a normal percentage for taxing a portion of someone's aggregated wealth.
yes this
Yes, and it's great that you are able to provide those things for them.
But.
You are in no way entitled to any of that. You have chosen to live your life a certain way, and if that lifestyle happens to be outside what you are actually capable of supporting (as opposed to what you, personally, think it should be) then the fault is not in your stars, but in yourself.
Pip let us discuss the difference between posession and ownership.
He's not dead
he's Undead
There's a difference Pip
If you'd ever played DnD you'd know that
Not personally I don't think only his casinos or other businesses have. Trump will never actually go broke because he owns the most valuable property on earth. His problem is he thinks he's a good business man when really he's just a lucky landlord.
so you are just a pissed off socialist
got it
Did you take a blow to the head at some point, or are you really this unabashedly obtuse?
A 35 percent tax with a $1 million exemption.
that is dichotomy good sir
and motherfucker I done been playing d&d since you was a baby
did
did you just call me pip
I don't know how to feel about that
Before anyone comments, could you please tell us if that was real or was it like you being black to make a point about race to a humongous jewish guy.
Secret Satan 2013 Wishlist
Offended?
Poor?
Poor and offended?
Secret Satan 2013 Wishlist
Is...is believing people should live within their means a tenet of socialism?
I was, er, testing you
Anyway the point still stands Dich
Don't try and weasel your way out of this one with petty things like names
"my stars" aren't talking about all these changes, Obama and the left is.
And since I'm in a very good position right now, I'm certainly entitled to fight against any changes that would disavantage me.
A very fair question.
If he earns 250k and spends 250k, he is entitled to live that way. He earned the money to do it.
Secret Satan 2013 Wishlist
how is affording things and paying taxes not fucking living within ones means
I don't even
what are you trying to argue anymore
tax cuts expiring - $600/month in ssi payments -$11k mortgage interest refund = changing something, though.
And fuck that.
Sorry pip
Hopefully my apology will sooth your sore pride like a Remove Curse cast on a the recipient of Doom
A good point up to double taxation, then it starts falling apart, I'm afraid, as it's income from separate labor that is being taxed for both the triple and quadruple taxations to which you referred.
Meanwhile, the folks who inherent your money have to pay sales tax when they spend it, so that is kinda triple taxation, if you think of it that way.
I don't, though, because that's not how it works.
Wait, your boss? But I thought the only one who can get good photos of Spiderman is Spiderman's alter ego?
Good job outing yourself, Spidey.
When you pay income tax, the government should tax that, because it's the government's income
That'll, like, double the income tax revenue
Because I'm sure there are a number of people who are hunting for jobs right now who would like to tell him where he can shove that opinion.
forever
promote this man
Dave Spiderman...CPA
Not to be confused with Peter Spider-Man...webslinger
Secret Satan 2013 Wishlist
I think what he's saying is that if someone though a high earner is still living paycheck to paycheck they're not really living within their means. Which isn't an unreasonable point.