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Lets Give Away $1 Trillion Dollars...

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neoblues Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-02-06 09:13 PM
Original message
Lets Give Away $1 Trillion Dollars...
to America's Richest Families... those families that are able to leave their children $4 Million Dollars inheritance! Okay? After all, they need it...

Yes, this is about the Grim Reaper-ublicans so-called "Death Tax". Over ten years, the repeal of this Estate Tax on the wealthy will cost our government--and therefore us, about one trillion Dollars (that'd be around 1000 Billion dollars)! Do we want to make up for the shortfall while also immensely promoting the growth of the already troublesome ARISTOCRACY?

For more information, see: The Super-Rich Estate Tax (Don't Call it a Death Tax), by Robert Reich

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MadMaddie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-02-06 09:20 PM
Response to Original message
1. I call it welfare for the Rich!!
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neoblues Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-02-06 09:25 PM
Response to Reply #1
2. I Call it a Tax on the Middle Class!
That's where it will come from; that revenue will have to be replaced--and it'll come out of higher taxes on us as well as fewer services. The poor; hell, they'll have been so long forgotten people won't remember the meaning of the term--except that most of us will have slipped from the middle class into that category.
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MadMaddie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-02-06 09:27 PM
Response to Reply #2
3. Yes this is true.....
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-02-06 10:17 PM
Response to Original message
4. I call it a reality show for the rich and famous
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unkachuck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-02-06 11:04 PM
Response to Original message
5. sometimes I wish I was born....
....a rich Republican....it must be so much fun sticking it to all those Democrats, middle-class Republicans and anyone who wasn't rich. I could laugh and chuckle with my friends at the overwhelming stupidity of at least half of the American people....how EASY it was, from this lofty position, to bull$hit and steal these rubes blind....
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anewdeal Donating Member (130 posts) Send PM | Profile | Ignore Mon Jun-05-06 01:39 AM
Response to Original message
6. sorry but it's their money
If they want to give to their children when they die, it's their right to do so.
If they want to donate it then that's thier choice.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 02:04 AM
Response to Reply #6
8. Sure it is
And it's also the right of the citizens of this country to express our moral values in our tax code and say that we are a country of workers and entrepreneurs, not the idle rich.
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anewdeal Donating Member (130 posts) Send PM | Profile | Ignore Mon Jun-05-06 02:14 AM
Response to Reply #8
9. theft is never moral
a million people agreeing that you owe them money is still nothing more that a giant mob stealing your money.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 02:28 AM
Response to Reply #9
10. Taxes aren't theft
They're your obligation to this country, just as much as the sacrifice of our soldiers is. One of the biggest pantloads of Reaganism is the myth that requiring rich people to pay taxes is theft. Most of them got their money through govt contracts and subsidies in the first place, it only makes sense that they would pay taxes when they reaped the rewards. Allowing wealth to accumulate in the hands of a few people is also bad for democracy, as we currently see.
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anewdeal Donating Member (130 posts) Send PM | Profile | Ignore Mon Jun-05-06 02:44 AM
Response to Reply #10
11. these days taxes are theft
learn the history of income taxation. It started off to fund the civil war. The returned to fund WW1. Then returned to fund WW2. Since then it hasn't left. Taxes fund war. Taxes found a concentration of undeserved power in the government. Right now the government claims a huge percentage of work you do, as if you owe the government something. Please understand that the people built the government to work for them, not the other way around! Taxes are NOT an obligation to this country. This is a huge lie and myth.

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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 03:03 AM
Response to Reply #11
12. If you don't want any government I guess
Otherwise, taxes traditionally fund a system that serves the wealthy. War is almost always to protect shipping lanes or acess to some resource somewhere. The fight against communism was actually the fight to protect the concept of private property rights which is essential to capitalism. Transportation, courts, management of resources, it's all the government protecting property and capital. So why shouldn't the wealthy pay for it?? That's the government we've built. In that process we've managed to snag a couple of things for the people doing the labor for the capitalists and there's nothing wrong with insisting taxes be paid to protect the laborer when the capitalits won't. Taxes are, indeed, the price we pay for the country we have, primarily the ability to freely and safely work and make as much money as we are able to.
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anewdeal Donating Member (130 posts) Send PM | Profile | Ignore Mon Jun-05-06 03:13 AM
Response to Reply #12
13. I do want a government
that knows its role.

"Transportation, courts, management of resources, it's all the government protecting property and capital."

If you use transportation, then you have to pay a gas tax and licsensing fees. That is completely fair. I'd like to see a higher tax on gas to pay for the hidden costs of oil, mostly environmental degredation.

If you use the courts, then you have to pay court fees most of the time.

And government protection such as police have to be paid for by taxes as well.

But what exactly does the government have to do with a person dying? With a person willing someone money? Answer: Not a lot. How much of the take should they get? Answer: Not a lot.



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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 03:20 AM
Response to Reply #13
14. Those services are for the wealthy
They don't build roads for YOU, they build roads for commerce. They don't have courts for YOU, they have courts to protect the patent rights and contracts for business. They have firefighters and police to protect business from thieves, not you. Doesn't it occur to you that's why people in low income neighborhoods can't get a cop to respond? The government isn't created for you and me, it's created for business, and more and more its multi-national corporations. That's why those who benefit should pay the bulk of the taxes and when someone has done absolutely nothing to contribute to this system, they shouldn't just expect to walk away with the rewards. People like Andrew Carnegie promoted the inheritance tax years ago because they knew it was dangerous for wealth to be accumulated in the hands of the few. The money needs to be funneled back into the country to keep commerce growing. That's what is wrong with Republicanism, they don't do that.
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anewdeal Donating Member (130 posts) Send PM | Profile | Ignore Mon Jun-05-06 03:42 AM
Response to Reply #14
15. Anyone can use roads.
Simply get in your car and drive on the roads that your gasoline tax paid for. It's that easy. Anyone can use the courts. I don't know much about police response times but I do know that whenever I'm in a poorer area I see a lot of cops patrolling.

But that's besides the point. If a rich person benefited from some aspect of the system then they should be taxed directly. Use the roads, pay for the roads. It can't get any simpler. The government simply has nothing to do with its citizen's death (most of the time) and it shouldn't think it has the right to grab whatever it wants. I still don't see what the government had to do with one person willing thier property to another.

I don't think you'd want them taking half of what you willed to your family.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 11:32 AM
Response to Reply #15
17. Because you still believe the govt is for you
And it's just not. It's like telling an inmate the prison is for him because he gets to use the toilet and is even required to pay to be there. Our govt is just not set up for us, we have to fight for every scrap we get. Lincoln didn't tax labor, the wealthy years ago didn't believe in taxing labor. They taxed wealth and they taxed wealth because the primary benefactor of this govt is the wealthy. Everybody used to know that and only the right wing brainwashing since Reagan and Limbaugh has hanged that.
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anewdeal Donating Member (130 posts) Send PM | Profile | Ignore Wed Jun-07-06 06:00 AM
Response to Reply #17
19. the govt is for the govt
but you can still use the roads, just like anyone else.
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Tesha Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 11:33 AM
Response to Reply #9
18. Are you sure you aren't looking for Libertarian Underground? (NT)
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 04:35 AM
Response to Reply #6
16. then it becomes their children's money
and it's income.

and it should be reported & taxed - just like any other source of income.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 02:02 AM
Response to Original message
7. The Silver Spoon Tax
That's what we ought to call it. The make sure wealth accumulates in the silver spoons of the richest people in the country, no matter how many workers and consumers they screwed over to get it.
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