Current Topics
'fixing' the internet
by Jeffery J. Haas
11 minutes 28 seconds ago
Al Franken 2020
by Jeffery J. Haas
Today at 03:22 AM
Big Lies and Tax Cuts
by jgw
Today at 12:08 AM
more help for the middle class
by pondering_it_all
Yesterday at 09:10 PM
Round Table for November, 2017
by Jeffery J. Haas
Yesterday at 09:06 PM
Angela Merkel moves left as German politics realign
by Jeffery J. Haas
Yesterday at 07:37 PM
Miscellaneous humor thread
by Golem
Yesterday at 07:27 PM
sex assaults
by Jeffery J. Haas
Yesterday at 05:03 AM
The Passing Parade: Obituaries: 2017
by Jeffery J. Haas
Yesterday at 04:28 AM
Gun Control
by rporter314
11/23/17 01:02 PM
the democratic plan to win
by jgw
11/20/17 07:10 PM
Trump held his first VA listening session without veterans advocates
by Jeffery J. Haas
11/20/17 12:48 AM
Donald Trump Jr.'s Elephant Tail
by NW Ponderer
11/19/17 08:22 PM
Reign of Idiots
by rporter314
11/19/17 12:50 PM
Is keystone xl dead?
by pondering_it_all
11/19/17 06:05 AM
Forum Stats
6248 Members
57 Forums
16105 Topics
277496 Posts

Max Online: 282 @ 05/29/08 05:08 AM
Google Adsense
Topic Options
#266981 - 12/28/13 02:47 PM Oh, no, the dreaded death tax!
loganrbt Offline
old hand

Registered: 02/20/08
Posts: 5850
Loc: Massaphuggintwoshirts
One of the favorite memes of the right long has been the federal tax on inheritance. Never mind that only a very tiny percentage of estates reach the value that makes them taxable. Never mind that the people who have estates of that value or higher rarely, in fact, are put out of their small businesses because of the tax on inheritance. The puppet masters of the right say the death tax is sinful, regressive, kills jobs, any other myth they can think of to attack the estate tax.

Well, turns out the people who really are affected by the estate tax don't care what the rate is. They are finding lots of legal ways to commit tax fraud to avoid it altogether. Here is but one example.

South Dakota addresses how to dodge taxes forever

Nevada apparently is a similar haven.

Ah, yes, the poor pitiful wealthy of our nation!

And the pitiful dupes who have fallen for the tripe and parrot while the folks who would be impacted by it find ways to avoid it completely.
_________________________
"The white men were as thick and numerous and aimless as grasshoppers, moving always in a hurry but never seeming to get to whatever place it was they were going to." Dee Brown

Top
#266988 - 12/28/13 04:24 PM Re: Oh, no, the dreaded death tax! [Re: loganrbt]
Scoutgal Offline
Administrator
Carpal Tunnel

Registered: 01/23/01
Posts: 27583
Loc: CA USA
Maybe it's time to make a federal law governing that type of now legal fraud.
_________________________
milk and Girl Scout cookies ;-)

Save your breath-You may need it to blow up your date.





Top
#266998 - 12/28/13 05:21 PM Re: Oh, no, the dreaded death tax! [Re: loganrbt]
Ardy Offline
Pooh-Bah

Registered: 12/22/05
Posts: 12005
Loc: San Jose, Ca USA
The agenda is clear: small government, least taxes.

They would like to cut spending to accomplish the agenda. But every program has it's own set of adamant and self-righteous defenders. So that approach is painful and usually unsuccessful.

What is the alternative? Cut taxes and cut taxes and cut taxes. No one likes taxes so it is a program around which they can rally support.

Then you attack the deficit. Which makes every spending program fight it out for survival.

You demonize anyone who opposes this as being a "takers." You lionize the wealthy as job creators whose taxes must be reduced.

Over all, it has been a pretty successful strategy.

Within this approach, every tax is heinous. But for some reason taxes on "job creators" are the most objectionable. Where as taxes of the "takers" is simply asking these people to start pulling their own weight.

Likewise spending programs that benefit the "takers" are characterized government giveaways to lay-abouts. . Where as spending that benefits the wealthy is necessary for a healthy economy.

Is it any wonder that the wealth divide yawns ever larger


Edited by Ardy (12/28/13 05:35 PM)
_________________________
"It's not a lie if you believe it." -- George Costanza
The whole problem with the world is that fools and fanatics are always so certain of themselves. --Bertrand Russel

Top
#267000 - 12/28/13 05:33 PM Re: Oh, no, the dreaded death tax! [Re: loganrbt]
NW Ponderer Offline
Moderator
Carpal Tunnel

Registered: 09/09/11
Posts: 15537
Successful and completely disingenuous. I've been an estate planner much of my career, but there has been nothing as abused as the gift and estate tax loopholes. Mitt Romney was a prime example and engaged in genuine fraud to do so. So much for being 'moral.' What he did do, though, was expose just how corrupt the system has become.
_________________________
A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.

Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich

Top
#267024 - 12/29/13 03:53 AM Re: Oh, no, the dreaded death tax! [Re: loganrbt]
Jeffery J. Haas Offline


Pooh-Bah

Registered: 08/03/04
Posts: 12743
Loc: Whittier, California
I was just told that I would never be able to prove that the wealthy don't pay high taxes and lo and behold, this comes along. ROTFMOL
_________________________
The men the American public admire most extravagantly are the most daring liars; the men they detest most violently are those who try to tell them the truth. - H. L. Mencken

Top
#267025 - 12/29/13 04:25 AM Re: Oh, no, the dreaded death tax! [Re: loganrbt]
pdx rick Offline
Member
Carpal Tunnel

Registered: 05/09/05
Posts: 40562
Loc: Puget Sound, WA


Consider this your belated Christmas gift. You. Are. Welcome. smile
_________________________
Contrarian, extraordinaire



Top

Who's Online
0 registered (), 37 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Newest Members
TrentonP, Nosf50, erumonej, Jensen Breck, Albertapkr
6248 Registered Users
A2