Republicans Push $269 Billion Handout For Millionaire Heirs And Heiresses

How in the world is allowing a family to keep their relative's hard-earned money and property (that has ALREADY been taxed) a "handout?" I think you and the Huffington Post need to look up the definition of "handout." I will never understand this Socialist/Fascist outlook.

 

I pray for the day that the RADICAL liberal left one day realizes that the middle class WOULDNT (*)(*)(*)(*)ING EXIST if it wasnt for the MEGA WEALTHY creators of industry. Henry Ford alone has created MILLIONS of middle class workers, Vanderbilt, Rockefeller, Gates, Jobs, THE EVIL KOCH BROTHERS (who employ 70,000 thank you very much), and the list goes one. THOSE RICH MOTHER(*)(*)(*)(*)ERS CREATE A METRIC (*)(*)(*)(*) TON OF JOBS. Who gives a flying (*)(*)(*)(*) if they are rich??????????? YOUR life would be SIGNIFICANTLY WORSE if not for the achievements of those very men! They built this country! They created the middle class! The average Joe became prosperous in this country because those guys used their talents in the FREE MARKET to make better lives for regular people. THEY ARE THE CHAMPIONS OF ORDINARY AMERICANS....not 70 year old hag politicians! Definitely not the government!

We have RECORD tax revenue....they need to pay less to the federal idiot government and pay more into investing into the economy LIKE THE GOOD OLD DAYS. The government is just a wrench in the works....the government picks winners and losers....one day....ONE DAY I hope your dim light bulb gets some electricity so you can see the light.

 

they were not risky when the people had jobs under Clinton, foreign outsourcing sent the jobs overseas, when people lost their jobs they could not continue paying the loans

 

Ah, but you do. It's Socialist and Fascist.

 

Not stealing as much from people does not constitute giving them anything.

 

Bush made Clinton do that.

 

Do you have a problem wire the Kennedys living on trust money that is shielded from inheritance tax. The super wealthyou do not pay those kinds of taxes they will find w a yes around them.

 

hahahahahah You always rewrite history to fit your insane fantasy of "Democrats are always right and Republicans are always wrong"....YOU SO SILLY. You realize its IMPOSSIBLE to always be right, correct? In this case, the liberal rock star and rapist Bill Clinton was wrong.

 

Well, not even close, but I can see there is little point in attempting anything resembling a rational argument with a true believer. However, I will give you an A+ for the ability to swallow the swill and regurgitate it on demand.

 

Do you really think it is fair that income from capital gains is taxed at a lower rate than income from wages? And it is pretty hard to swallow the concept that income from stock appreciation and dividends and tax free municipal bonds is hard-earned. Working for a wage i s hard-earned in my considered opinion but money passed down from generation to generation can hardly be considered hard-earned in the case of it's recipients.

 

I'm glad to hear that.

As long as the GOP actually beleives that there was a "wave", even though the wave consisted mainly of Republicans showing up in their ususal numbers and Democrats staying home, they'll fool themselves into thinking they're on a roll!

 

Of course it's "fair". That word should be banished regardless. It decries a level of equality than is utopian in its level of impossibility. When will you ever be able to equal my level of talent in investing? In public speaking? Etc?

"Fair" is for losers. It's for the tyranny of the majority, to rob the minority. It's for the lazy. But - most importantly for this topic - capital gains taxes are already fair - regardless the difference in rates compared to income tax levels.

Things are already fair because everyone can pay that level of taxes, once they do all the rest that they must do to work and sacrifice and be disciplined to invest and grow income by employing cash rather than one's own hands.

That many will never pay such taxes because many do not and can not do what it takes to do so is MOOT. Life Isn't Fair. People in this life don't all deserve the same things. Nothing can be done to create equal outcomes, and foolishly thinking that somehow Government has the power to do so will create a Hell On Earth.

I ask for the 10th time a question no liberal on this forum has yet to answer:

How exactly does condoning Government collecting MORE taxes actually REDUCE Government's ability to influence and alter benefits for the Wealthy, further skewing the playing field in favor of the wealthy and powerful; in favor of Big Corporations over small ones?

How? You foolishly play into this game. You're being played. You say "YEAH! It's not FAIR that rich people get to pay so little in cap gains!!"

You don't realize three things:

1) Capital gains are not as high as wage income because compelling someone to invest money that they have saved - money that they want to insure grows - is something that should be incentivized. We NEED people to invest in each other; to grow our economy and to provide more jobs. The higher the tax on any gains from such behavior; the lower the incentive to put money to work; to risk it in a venture which may fail, and cause loss.

2) More than simply "the rich" have capital gains. About half the population has capital gains - and anyone who sells a house without rolling it into another house pay them. Think your grandparents.

3) The larger the Government gets from collecting taxes, the more the cycle of Crony Capitalism embeds in our society; the more you will wail and gnash your teeth. You cannot and will not win this game unless you stop playing it, and that means rejecting the politics of class division. Realize that what someone else pays in taxes doesn't harm you unless the money taxed is put to work AGAINST you by a Government which has grown powerful in its excesses.

Which is exactly what has happened.

 

LOL you seem unaware of the fact that LTCG are taxed on a different schedule than salary income. Buffett pays the same rate on salary that his secretary does or higher. He pays as high or higher rate on investment income. ITs dishonest to confuse the two

 

Funny, this selective listening of yours.

Founding Fathers like Thomas Jefferson and Thomas Paine did believe in preventing "old money" from corrupting society and leading to undue imbalance wielding power, but they also didn't believe in an income tax - and avoiding internal taxation (within the USA) altogether.

http://http://usafoundingfathers.blogspot.com/2006/03/founding-fathers-original-tax-plan.html

So it rings hollow for you to laud one component of our Founding Fathers tax ideas when it suits you, and ignore the other critical factor: AN ESTATE TAX IS FINE IF THE ESTATE HAS THE POWER TO GROW WITHOUT THE MASSIVE TAX CONSTRAINT YOU ALSO BRAY LIKE A GOAT ABOUT AT THE SAME TIME.

But you didn't say that, did you? You ignore words of our Founders, like these:

http://usafoundingfathers.blogspot.com/2006/03/founding-fathers-original-tax-plan.html

"Although the national sales tax proposals appear to be somewhat fairer than existing taxation, each would do ill to our nation as they are all based upon internal taxation, which would ultimately increases the cost of goods manufactured on American soil; burden the American Citizen in its collection; and, are to be paid by the "farmer, mechanic, laborer", etc., who will continue to see the intrusion of the "tax-gatherer of the United States" if such a system is adopted!"

Time to lower your hand and listen to the teacher instead of talking over him, liberal.

 

Of course because in progressiveland keeping ones inheritence is wrong... No once someone dies that money should go straight to the state to be promptly redistributed right progressives?

I love how you criminal progressives actually have the audacity to (*)(*)(*)(*)(*) about this - it shows how (*)(*)(*)(*)ing delusional and entitiled you actually are...

Who the hell do progressives think they are?

Also, if it even matters the top 1% at their alleged 20% (it's way more than that) pay 80% of taxes in the United States.

Lets also not forget that 50% of the 99% pay NOTHING at all.

Of course progressives don't understand this.

No doubt these facts will just go in one ear and out the other (because there is nothing between their ears) because they love to perpetuate lies and propaganda that they believe justifies their greed and loathing.

 

So what of WSUWarrior's 'true belief' is not true, exactly? Did Henry Ford, Vanderbilt, Rockefeller and the Koch Brothers not do exactly as he said or something?

Or did you just have nothing left but the moral bankruptcy of 5th grade pejoratives to spew?

 

Don't look now, but the Republicians have just walked a bill through the house making dark money secret campaign contributions tax free!!!!!!!

 

I knew you guys bow to the rich in hopes of keeping them here! Gross! How does this help us? If innovation and ingenuity come from the garage as often as the corporate r&d lab who cares if they leave. How about we just stop creating super billionaires with bad policy? We're at a point where single people making moves in a market create tsunamis of economic effects because of your insane worship of failed Reagan policies.

 

What good is freeloading off the money-grubbing ancestors unless you can hide it as you bankroll your political lackeys who insure the ongoing government redistribution of wealth into your insatiable pockets accelerates?

Otherwise some busybody might follow the money, ask, "Cui bono?" and find you.

 

How dare these brats live off their parents and grandparents hard work. They should be living of the middle class hard work and collecting welfare .

 

And as long as the liberals continue to deny the facts, we are good. The only problem is that the liberals who are seeking election or reelection know the truth, unlike their lemming-like minions.

 

Are Democrat 'dark money secret campaign contributions' still taxable?



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Let's say every penny of a billionaire's net worth is confiscated by Government.

How does that help you, exactly?

How does allowing Government being allowed to collect even MORE in taxes make it LESS likely that the Government will be powerful enough to grant favors to the wealthy?

 

Why does it have to be money-grubbing ancestors freeloading? Are you absolutely certain that this tax doesn't affect farming families living a spartan existence who just happen to be farming land that in 1900 wasn't worth much, but now is worth $5M+? And if you are certain, how?

 

Who says it has to be?

Most wealth is inherited. The wealthiest elite do not work. Government policies have been, in recent decades, redistributing the wealth, and concentrating it in the hands of a tiny elite. That money has an increasingly important role in politics that furthers the acquisitive agenda of those who wish to hide while they bankroll those who will perpetuate their cash cow for them.

 

I see you both attended the same classes. Bye.