Should they remove the estate tax or the death tax?

[Baler]

I'm curious how my fellow forumquesters feel about this.

[beargryllz]

Triple both so we can watch Elon and the other 3 social media billionaires seethe

[Pulgasari]

100% inheritance tax, you little scamp.

equality of opportunity!

[Pulgasari]

Originally Posted by Pulgasari [You must be logged in to view images. Log in or Register.]

100% inheritance tax, you little scamp.

equality of opportunity!

Now that OP is banned I can admit this is pretty close to graverobbing [You must be logged in to view images. Log in or Register.]

[Jibartik]

The inheritance tax is a crime. A crime people allow because they hate chad.

The only people it hurts are poor people because rich people don't GAF about it because chad figure's out ways around it. Like buying all the houses so you cant afford them and then transferring ownership to holding companies and you're like "guess ill sell my family home because I cant pay for this"

Sugar taxes

smoking taxes

sales taxes

all this stuff is a flat tax on the poor.

We live in a reganmerica disguised as a hopeful socialist utopia.

[loramin]

Originally Posted by Pulgasari [You must be logged in to view images. Log in or Register.]

100% inheritance tax, you little scamp.

equality of opportunity!

In theory I support this, but in practice it's all but impossible to implement. If you set a 100% inheritance tax, the rich will just give all their wealth away before they die (at whatever the, much lower, income tax rate is for the recipients).

Plus, as much as it sounds great to say "let everyone start equal", it's just not the reality of the world. Human beings want to provide a better life for their children, and trying to completely prevent that is fighting against human nature.

We're never going to eliminate the rich (in our lifetimes at least), nor will we eliminate them making their children rich. But we can set much higher income and innheritance tax rates than we currently have, and that would be better for society.

Originally Posted by Pulgasari [You must be logged in to view images. Log in or Register.]

Now that OP is banned I can admit this is pretty close to graverobbing [You must be logged in to view images. Log in or Register.]

He's not banned, he's just messing with you.

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

The inheritance tax is a crime. A crime people allow because they hate chad.

The only people it hurts are poor people because rich people don't GAF about it because chad figure's out ways around it. Like buying all the houses so you cant afford them and then transferring ownership to holding companies and you're like "guess ill sell my family home because I cant pay for this"

Sugar taxes

smoking taxes

sales taxes

all this stuff is a flat tax on the poor.

We live in a reganmerica disguised as a hopeful socialist utopia.

In Jib's world all taxes are bad and only hurt poor people [You must be logged in to view images. Log in or Register.]

(Although for the record, I agree with you that most of those are taxes on the poor ... just not inheritance tax. Almost by definition, the poor have nothing to inherit: they have debt.)

[Jibartik]

The poor own homes dude, just not in your state.

Im sure if I talked to you in real life youd be like, wow I never thought about it that way.

The inheritance tax is annoying for less than 1% of america, and for 99% of america it is soul crushing. It means they have to sell their family home their parents didnt go on vacation before they died to keep for their children.

The inheritance tax just encourages more reverse mortgages for the poor, and a bigger burden on their children who are proudly struggling with debt already.

In the end, who wins with inheritance tax? The banks.

Its a tax on the poor to feed the banks.

[Pulgasari]

Originally Posted by loramin [You must be logged in to view images. Log in or Register.]

He's not banned, he's just messing with you.

BALER IS A RASCAL [You must be logged in to view images. Log in or Register.]

[Jibartik]

Taxes that message well are the bane of our existance.

It's like, sugar tax sounds great, but in actuality it just taxes the poor. The onlything you can say to defend it is "fuck the poor let them pay for their fat addictions!" (party flippage)

Same with smoking etc, "fuck em! if they want to die then make em pay, it's better for them anyway!" (more party flippage)

No actual game theory going on, how do people behave, why do the poor eat sugar? why do they smoke? Not realizing, it's because theyre poor so they spend what little the have on that shit because they cant afford to spend a night out at the bar after work like the people who vote for these things do.

Science doesnt come up with these taxes politicians (then people who believe the messaging link 1 study (they think is science and not a lobbyist payed for study) saying the politician designed policy has no effect on negative things we see that pop up in our community)

So the poor gets hit with penny taxes, and they just take cuts out of the parts of their lives they took cuts out of to pay for those small things we're nickle and diming them on in the first place. More cuts from their kids healthy diet, so they can give them a sugary treat after school etc. More cuts from their kids healthy diets, so they can buy the pack of cigs they already dont care will kill them.

Prop47 is another example, its messaging is to not punish people harshly for small crimes, but what it's really for is to reduce the money the state spends on prisons, who cares how it affects the poor. (I cant help you if you honestly dont think a reduction in penalizing these crimes doesnt result in an uptick of those crimes, but that's again tht's the power of messaging!)

The inheritance tax is the same thing, the messaging is that you are screwing over elon musk, and bill gates, but the rich get around it by buying everything with their companies or as separate companies, meanwhile the poor just hand over 50% of their families sacrifice and savings.

The worst thing to happen IMO to ourselves is that we allow "the hope of good" to explain "why we have taxes"

Taxes are used to pay people, and people like to get payed, so if their job is worthless, theyre going to message that it's of high value.

Taxes are too high, we spend 60% of them on baby killing and the other 39% we give to the banks and we hand over 1% to the poor.

Raising taxes does not mean a better society.

[Botten]

In many cases this is the only time the rich who are avoiding paying their taxes can be caught. The final resulting redistribution of the wealth is probably better for the nation where the social gap is getting larger and larger. Not a solution but the right solutions won't be passed in congress when dark money runs the show.