One of our esteemed posters here in the tug just hit a huge windfall

https://www.zerohedge.com/news/2019-01-31/bernie-sanders-proposes-77-estate-tax-billionaires
Comments
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These fucking idiots. This tax will almost never be paid vis-a-vis trust and charitable giving.
All to kill chincentives for production.
We?re so fucked. -
I watched the movie Secretariat and Penny almost had to sell the farm or the horse to come up with the 6 million dollar inheritance tax after her dad died. Innovation saved the day. She invented the syndication of breeding rights to raise the cash. This is the rate that H Husky wants to go back to so the kids can lose it all because they are "rich"
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So, I guess having to earn everything you get doesn’t apply to rich white kids.
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Yes, there are no black or Asian kids who inherit money from their families. What a stupid thing to say.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
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You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
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Funny how you don’t think black people are capable of being wealthy. Just like Bernie, you prefer the don’t run off the government plantation.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
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Penny earned and was a pioneer of women's rights busting into a male dominated industry and beating them all. It almost didn't happen thanks to a punishing inheritance tax
And Diane Lane is smoking hot -
We can agree on Diane Lane.
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So the estate tax is bad ‘cuz Race saw a movie. This is how you get a mediocre businessman/B list celebrity President.RaceBannon said:I watched the movie Secretariat and Penny almost had to sell the farm or the horse to come up with the 6 million dollar inheritance tax after her dad died. Innovation saved the day. She invented the syndication of breeding rights to raise the cash. This is the rate that H Husky wants to go back to so the kids can lose it all because they are "rich"
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Hondo level post IMOHHusky said:
So the estate tax is bad ‘cuz Race saw a movie. This is how you get a mediocre businessman/B list celebrity President.RaceBannon said:I watched the movie Secretariat and Penny almost had to sell the farm or the horse to come up with the 6 million dollar inheritance tax after her dad died. Innovation saved the day. She invented the syndication of breeding rights to raise the cash. This is the rate that H Husky wants to go back to so the kids can lose it all because they are "rich"
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H thinks 77% on cash poor relatives was a great idea.
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HHusky said:
So the estate tax is bad ‘cuz Race saw a movie. This is how you get a mediocre businessman/B list celebrity President.RaceBannon said:I watched the movie Secretariat and Penny almost had to sell the farm or the horse to come up with the 6 million dollar inheritance tax after her dad died. Innovation saved the day. She invented the syndication of breeding rights to raise the cash. This is the rate that H Husky wants to go back to so the kids can lose it all because they are "rich"
https://m.youtube.com/watch?v=r3hFGHb7nX4
This shows Trumpliterally repeating shit about immigration that he saw in a movie. -
So you're saying I got a chance
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Note that I did prove the movie was accurate
Penny was a house wife stuck with a bill for 77% of land value
Not cash -
Are those laws in effect now? Will America ever pass a law that high again?RaceBannon said:Note that I did prove the movie was accurate
Penny was a house wife stuck with a bill for 77% of land value
Not cash
And more importantly will race ever be wealthy enough to even worry about the estate tax?
We all know the answers to those questions. Except Race. And gay Bob. -
Can you follow a thread or read for comprehension?2001400ex said:
Are those laws in effect now? Will America ever pass a law that high again?RaceBannon said:Note that I did prove the movie was accurate
Penny was a house wife stuck with a bill for 77% of land value
Not cash
And more importantly will race ever be wealthy enough to even worry about the estate tax?
We all know the answers to those questions. Except Race. And gay Bob.
Ask H he's all in and not just for billionaires
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So you don't want to address the questions. Got it.RaceBannon said:
Can you follow a thread or read for comprehension?2001400ex said:
Are those laws in effect now? Will America ever pass a law that high again?RaceBannon said:Note that I did prove the movie was accurate
Penny was a house wife stuck with a bill for 77% of land value
Not cash
And more importantly will race ever be wealthy enough to even worry about the estate tax?
We all know the answers to those questions. Except Race. And gay Bob.
Ask H he's all in and not just for billionaires -
I'm all over this thread addressing and proving my point
This is why you can't have chins -
I play to the level of the competition. I’ve never heard a better explanation for why it’s different. Why when it’s poor people they have to earn it but when it’s rich people, fuck earning it.sarktastic said:
You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
If you can’t give me a good explanation, what am I supposed to think? -
So that money was never earn? If I earn money and it's taxed at the time I earn it why shouldn't I be able to give the fruits of my labor to my kids? How many bites at the apple does the government get? And why do you believe that black people don't do this for their kids?allpurpleallgold said:
I play to the level of the competition. I’ve never heard a better explanation for why it’s different. Why when it’s poor people they have to earn it but when it’s rich people, fuck earning it.sarktastic said:
You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
If you can’t give me a good explanation, what am I supposed to think? -
Who is saying you can't give the fruits of your labor to your kids? I'm sure you have a lot of fruits given you have to borrow money from your 401k just to buy a house at 100%.SFGbob said:
So that money was never earn? If I earn money and it's taxed at the time I earn it why shouldn't I be able to give the fruits of my labor to my kids? How many bites at the apple does the government get? And why do you believe that black people don't do this for their kids?allpurpleallgold said:
I play to the level of the competition. I’ve never heard a better explanation for why it’s different. Why when it’s poor people they have to earn it but when it’s rich people, fuck earning it.sarktastic said:
You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
If you can’t give me a good explanation, what am I supposed to think? -
Good thing you don't believe in changing the topic Hondo and as usual your reading comprehension sucks. Yeah that whole borrowing from the 401K, something you claimed banks don't allow, worked out awful for me. My house is now worth about $400K more than I paid for it, 401K loan is long paid off, all the interest on that loan was paid to myself, and I now have less than 15 years on mortgage that less than 3%. Worst financial move I ever made.2001400ex said:
Who is saying you can't give the fruits of your labor to your kids? I'm sure you have a lot of fruits given you have to borrow money from your 401k just to buy a house at 100%.SFGbob said:
So that money was never earn? If I earn money and it's taxed at the time I earn it why shouldn't I be able to give the fruits of my labor to my kids? How many bites at the apple does the government get? And why do you believe that black people don't do this for their kids?allpurpleallgold said:
I play to the level of the competition. I’ve never heard a better explanation for why it’s different. Why when it’s poor people they have to earn it but when it’s rich people, fuck earning it.sarktastic said:
You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
If you can’t give me a good explanation, what am I supposed to think?
Much better to be stuck in the Social Security Ponzi scheme -
Pretty sure only white people can do thatSFGbob said:
Good thing you don't believe in changing the topic Hondo and as usual your reading comprehension sucks. Yeah that whole borrowing from the 401K, something you claimed banks don't allow, worked out awful for me. My house is now worth about $400K more than I paid for it, 401K loan is long paid off, all the interest on that loan was paid to myself, and I now have less than 15 years on mortgage that less than 3%. Worst financial move I ever made.2001400ex said:
Who is saying you can't give the fruits of your labor to your kids? I'm sure you have a lot of fruits given you have to borrow money from your 401k just to buy a house at 100%.SFGbob said:
So that money was never earn? If I earn money and it's taxed at the time I earn it why shouldn't I be able to give the fruits of my labor to my kids? How many bites at the apple does the government get? And why do you believe that black people don't do this for their kids?allpurpleallgold said:
I play to the level of the competition. I’ve never heard a better explanation for why it’s different. Why when it’s poor people they have to earn it but when it’s rich people, fuck earning it.sarktastic said:
You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
If you can’t give me a good explanation, what am I supposed to think?
Much better to be stuck in the Social Security Ponzi scheme -
All part of that white privilege I have.RaceBannon said:
Pretty sure only white people can do thatSFGbob said:
Good thing you don't believe in changing the topic Hondo and as usual your reading comprehension sucks. Yeah that whole borrowing from the 401K, something you claimed banks don't allow, worked out awful for me. My house is now worth about $400K more than I paid for it, 401K loan is long paid off, all the interest on that loan was paid to myself, and I now have less than 15 years on mortgage that less than 3%. Worst financial move I ever made.2001400ex said:
Who is saying you can't give the fruits of your labor to your kids? I'm sure you have a lot of fruits given you have to borrow money from your 401k just to buy a house at 100%.SFGbob said:
So that money was never earn? If I earn money and it's taxed at the time I earn it why shouldn't I be able to give the fruits of my labor to my kids? How many bites at the apple does the government get? And why do you believe that black people don't do this for their kids?allpurpleallgold said:
I play to the level of the competition. I’ve never heard a better explanation for why it’s different. Why when it’s poor people they have to earn it but when it’s rich people, fuck earning it.sarktastic said:
You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
If you can’t give me a good explanation, what am I supposed to think?
Much better to be stuck in the Social Security Ponzi scheme -
Why would you want to give it to your kids? Do you not thinking earning your way is important? Do you think things should be handed to people? Isn’t people getting free shit really bad? Why would you subject your children to that? If earning it is so important, why doesn’t that apply to your kids?SFGbob said:
So that money was never earn? If I earn money and it's taxed at the time I earn it why shouldn't I be able to give the fruits of my labor to my kids? How many bites at the apple does the government get? And why do you believe that black people don't do this for their kids?allpurpleallgold said:
I play to the level of the competition. I’ve never heard a better explanation for why it’s different. Why when it’s poor people they have to earn it but when it’s rich people, fuck earning it.sarktastic said:
You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
If you can’t give me a good explanation, what am I supposed to think? -
I don't think Bob saw that coming.allpurpleallgold said:
Why would you want to give it to your kids? Do you not thinking earning your way is important? Do you think things should be handed to people? Isn’t people getting free shit really bad? Why would you subject your children to that? If earning it is so important, why doesn’t that apply to your kids?SFGbob said:
So that money was never earn? If I earn money and it's taxed at the time I earn it why shouldn't I be able to give the fruits of my labor to my kids? How many bites at the apple does the government get? And why do you believe that black people don't do this for their kids?allpurpleallgold said:
I play to the level of the competition. I’ve never heard a better explanation for why it’s different. Why when it’s poor people they have to earn it but when it’s rich people, fuck earning it.sarktastic said:
You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
If you can’t give me a good explanation, what am I supposed to think? -
I do think earning is important and none of the "free" shit my kids are going to get from me is going to come at the expense of anyone else's labor. My giving my kids an inheritance, doesn't cost you a fucking dime. Why do you care what I do with my money?allpurpleallgold said:
Why would you want to give it to your kids? Do you not thinking earning your way is important? Do you think things should be handed to people? Isn’t people getting free shit really bad? Why would you subject your children to that? If earning it is so important, why doesn’t that apply to your kids?SFGbob said:
So that money was never earn? If I earn money and it's taxed at the time I earn it why shouldn't I be able to give the fruits of my labor to my kids? How many bites at the apple does the government get? And why do you believe that black people don't do this for their kids?allpurpleallgold said:
I play to the level of the competition. I’ve never heard a better explanation for why it’s different. Why when it’s poor people they have to earn it but when it’s rich people, fuck earning it.sarktastic said:
You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
If you can’t give me a good explanation, what am I supposed to think? -
That's because you're a fucking moron who didn't even know that Social Security existed in the 1950s. I'm always about 5 steps ahead of you dipshits Hondo, more like 10 with you.2001400ex said:
I don't think Bob saw that coming.allpurpleallgold said:
Why would you want to give it to your kids? Do you not thinking earning your way is important? Do you think things should be handed to people? Isn’t people getting free shit really bad? Why would you subject your children to that? If earning it is so important, why doesn’t that apply to your kids?SFGbob said:
So that money was never earn? If I earn money and it's taxed at the time I earn it why shouldn't I be able to give the fruits of my labor to my kids? How many bites at the apple does the government get? And why do you believe that black people don't do this for their kids?allpurpleallgold said:
I play to the level of the competition. I’ve never heard a better explanation for why it’s different. Why when it’s poor people they have to earn it but when it’s rich people, fuck earning it.sarktastic said:
You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
If you can’t give me a good explanation, what am I supposed to think? -
See?SFGbob said:
That's because you're a fucking moron who didn't even know that Social Security existed in the 1950s. I'm always about 5 steps ahead of you dipshits Hondo, more like 10 with you.2001400ex said:
I don't think Bob saw that coming.allpurpleallgold said:
Why would you want to give it to your kids? Do you not thinking earning your way is important? Do you think things should be handed to people? Isn’t people getting free shit really bad? Why would you subject your children to that? If earning it is so important, why doesn’t that apply to your kids?SFGbob said:
So that money was never earn? If I earn money and it's taxed at the time I earn it why shouldn't I be able to give the fruits of my labor to my kids? How many bites at the apple does the government get? And why do you believe that black people don't do this for their kids?allpurpleallgold said:
I play to the level of the competition. I’ve never heard a better explanation for why it’s different. Why when it’s poor people they have to earn it but when it’s rich people, fuck earning it.sarktastic said:
You're better than this. Much better.allpurpleallgold said:So, I guess having to earn everything you get doesn’t apply to rich white kids.
If you can’t give me a good explanation, what am I supposed to think? -
H thinks large fortunes being subject to estate taxes is good for multiple reasons. If you have a large fortune you also have access to good planning help.RaceBannon said:H thinks 77% on cash poor relatives was a great idea.
I’m sorry the horse farm had been losing money for years and was cash poor. I guess even the land rich have their crosses to bear.