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PoindexterOglethorpe

(25,947 posts)

19. Yes. The rich have access to some pretty good attornies.

Reply to Wellstone ruled (Reply #17)

Wed Sep 27, 2017, 05:45 PM

Sep 2017

They get to shelter or protect a lot, but they shouldn't be able to pass everything on. They shouldn't be allowed to not pay a reasonable share of their wealth. The tax-free portion is already quite generous.

I happen to believe there ought to be a maximum wage, and all income above some amount should be taxed at 100%, or so close to it that there's no point in making any more.

I read not so long ago that back when tax rates were very high, as in the 1950's, there was not benefit to paying higher-ups in a company any more money, so that was an important reason wages roses so much for the working class during those years. Genuine distribution of the wealth.

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The "Death Tax" con job [View all] SHRED Sep 2017 OP

He's being cheered for this repeal idea by people without a pot to piss in flamingdem Sep 2017 #1

The only people that go to his speeches Turbineguy Sep 2017 #2

That's because the repubs call it a "death tax".... CatMor Sep 2017 #3

All they have to do is see the numbers flamingdem Sep 2017 #5

how many will even earn $5 million in their lifetimes?? Angry Dragon Sep 2017 #8

If they've worked for 40/45 years, they might well make a liitle over $2 million.... haele Sep 2017 #27

They've been calling it a death tax for at least two decades now. PoindexterOglethorpe Sep 2017 #15

Republicans say if you tax it you get less of it. So death tax sounds good to me. Cicada Sep 2017 #30

$5 billion deduction for the Dotard safeinOhio Sep 2017 #4

the whole idea that you should be able to transfer money tax-free is ridiculous. unblock Sep 2017 #6

In addition to the yearly gifts, there are large block lifetime gifts csziggy Sep 2017 #21

Anything over the 14,000 threshold Sgent Sep 2017 #28

Some people do plan ahead - but as mentioned in another post on this thread csziggy Sep 2017 #31

How can people be so ignorant? procon Sep 2017 #7

Yep,those Rich Farmers Wellstone ruled Sep 2017 #9

I read some years back PoindexterOglethorpe Sep 2017 #16

This has been a Republican Red Herring Wellstone ruled Sep 2017 #17

Yes. The rich have access to some pretty good attornies. PoindexterOglethorpe Sep 2017 #19

That ended with the Nixon Adminastraton. Wellstone ruled Sep 2017 #20

Walmart greeters and convenience store clerks who work hard, do honorable work, are VERY Eliot Rosewater Sep 2017 #10

We should reframe the estate tax as the brat tax meow2u3 Sep 2017 #11

+ csziggy Sep 2017 #22

And repealing the Federal Estate tax does absolutely nothing about the State Estate tax MiniMe Sep 2017 #12

Yeah, but a lot of the Republican run states have eliminated estate taxes csziggy Sep 2017 #23

Calling it "the death tax" makes it sound as if it affects every family. guillaumeb Sep 2017 #13

Ah.... those deductions and credits! SouthernLiberal Sep 2017 #14

The limits must have gone way up in recent years DFW Sep 2017 #18

They have. In 2002, Federal estate taxes were up to 50% on amounts over $1M. Thor_MN Sep 2017 #24

In 2002 an estate was taxed at 50% for the amount above $1 million csziggy Sep 2017 #25

The estate tax is not a death tax Gothmog Sep 2017 #26

I have to counsel clients on the non-applicability of the estate tax Mr. Ected Sep 2017 #29