Current Topics
Jim Hoft’s Unsourced Claim: Darren Wilson Had an “Orbital Blowout "
by NW Ponderer
Today at 02:34 AM
Gun Tourism Grows in Popularity in Recent Years
by NW Ponderer
Today at 02:10 AM
Stunning before and after images of California's drought
by Ardy
Today at 12:56 AM
Dirty politics
by Ardy
Today at 12:38 AM
New 'Survivor' cast boasts MLB pitcher John Rocker, Spider-Man actor, and 'Amazi
by california rick
Yesterday at 05:55 PM
Iraq
by jgw
Yesterday at 04:55 PM
Israel. Specious arguments wearing thin
by jgw
Yesterday at 04:42 PM
How Clayton Kershaw compares to the greatest pitchers in history
by Golem
08/26/14 09:42 PM
What happens when you say no to SPPD
by california rick
08/26/14 07:49 PM
Female Kurdish fighters take arms against Islamic State extremists
by california rick
08/26/14 07:27 PM
Round Table for the week of August 24-30, 2014
by Scoutgal
08/26/14 01:11 PM
The Taser Photoshoot: Portraits of People's Faces When Hit With A Stun Gun
by california rick
08/26/14 12:53 PM
Help me understand
by Ardy
08/25/14 09:57 PM
Miscellaneous humor thread
by Golem
08/25/14 03:11 PM
Awesomeness on the Web
by NW Ponderer
08/25/14 11:50 AM
Forum Stats
6003 Members
55 Forums
14290 Topics
247061 Posts

Max Online: 282 @ 05/29/08 01:08 AM
Google Adsense
Topic Options
#266981 - 12/28/13 09:47 AM Oh, no, the dreaded death tax!
loganrbt Offline
old hand

Registered: 02/20/08
Posts: 5846
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 11:24 AM Re: Oh, no, the dreaded death tax! [Re: loganrbt]
Scoutgal Offline
Administrator
Carpal Tunnel

Registered: 01/23/01
Posts: 25840
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 12:21 PM Re: Oh, no, the dreaded death tax! [Re: loganrbt]
Ardy Offline
veteran

Registered: 12/22/05
Posts: 11593
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 12:35 PM)
_________________________

"Not everything that counts can be counted, and not everything that can be counted counts."

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

Registered: 09/09/11
Posts: 11797
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 - 12/28/13 10:53 PM Re: Oh, no, the dreaded death tax! [Re: loganrbt]
Jeffery J. Haas Offline
veteran

Registered: 08/03/04
Posts: 10490
Loc: Downey, 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
_________________________
"Our options for change range from basically what we have plus a little more Hayek,
to what we have plus a little more Keynes. Why?"

---Benjamin Bratton

Top
#267025 - 12/28/13 11:25 PM Re: Oh, no, the dreaded death tax! [Re: loganrbt]
california rick Offline
Member
Carpal Tunnel

Registered: 05/09/05
Posts: 36057
Loc: Bay Area, California


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



Top

Who's Online
0 registered (), 13 Guests and 4 Spiders online.
Key: Admin, Global Mod, Mod
Newest Members
xiawei, Marzman, kyleyoung8, Retread, solafeian
6003 Registered Users
A2