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Bill Gates insults Sandy
Comments
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So you're moving the goalpost to say "the Estate" or "your heirs" will be taxed. BULLSHIT.2001400ex said:
You won't be taxed when you die. And the estate tax. The overwhelming majority of the amount that is taxed is unrealized capital gains that hasn't been taxed yet.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.HHusky said:Bill Gates understands that ultra wealthy people have provided a healthy market to income avoidance and deferral planners. He favors a robust estate tax, which is one good way of getting at the real issue.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I'm taxed on dollars earned and reported as taxable income (once), and I accumulate that income in an investment or bank account, paying taxes on dividends and interest earned (new income earned - and taxed a first time), when I die the government then taxes those dollars AGAIN.
If that's not double taxation, what is it?
Fucking bullshit. It's a money grab instead of addressing the core issues of government overspending and waste.
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Yeah that's why family farms were crushed. The patriarch dies and the family can't pay the death taxes. Saw the same thing with an expensive piece of property where I worked. The family couldn't afford the taxes which were millions of dollars. Selling became hard as well and it languished for some time.PurpleThrobber said:
So you're moving the goalpost to say "the Estate" or "your heirs" will be taxed. BULLSHIT.2001400ex said:
You won't be taxed when you die. And the estate tax. The overwhelming majority of the amount that is taxed is unrealized capital gains that hasn't been taxed yet.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.HHusky said:Bill Gates understands that ultra wealthy people have provided a healthy market to income avoidance and deferral planners. He favors a robust estate tax, which is one good way of getting at the real issue.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I'm taxed on dollars earned and reported as taxable income (once), and I accumulate that income in an investment or bank account, paying taxes on dividends and interest earned (new income earned - and taxed a first time), when I die the government then taxes those dollars AGAIN.
If that's not double taxation, what is it?
Fucking bullshit. It's a money grab instead of addressing the core issues of government overspending and waste.
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Word.Sledog said:
Yeah that's why family farms were crushed. The patriarch dies and the family can't pay the death taxes. Saw the same thing with an expensive piece of property where I worked. The family couldn't afford the taxes which were millions of dollars. Selling became hard as well and it languished for some time.PurpleThrobber said:
So you're moving the goalpost to say "the Estate" or "your heirs" will be taxed. BULLSHIT.2001400ex said:
You won't be taxed when you die. And the estate tax. The overwhelming majority of the amount that is taxed is unrealized capital gains that hasn't been taxed yet.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.HHusky said:Bill Gates understands that ultra wealthy people have provided a healthy market to income avoidance and deferral planners. He favors a robust estate tax, which is one good way of getting at the real issue.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I'm taxed on dollars earned and reported as taxable income (once), and I accumulate that income in an investment or bank account, paying taxes on dividends and interest earned (new income earned - and taxed a first time), when I die the government then taxes those dollars AGAIN.
If that's not double taxation, what is it?
Fucking bullshit. It's a money grab instead of addressing the core issues of government overspending and waste.
It's just a re-distribution of wealth. The rich will get richer land-grabbing real property and the poor just get enabled another generation with promises/freebies.
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You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.HHusky said:Bill Gates understands that ultra wealthy people have provided a healthy market to income avoidance and deferral planners. He favors a robust estate tax, which is one good way of getting at the real issue.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I'm taxed on dollars earned and reported as taxable income (once), and I accumulate that income in an investment or bank account, paying taxes on dividends and interest earned (new income earned - and taxed a first time), when I die the government then taxes those dollars AGAIN.
If that's not double taxation, what is it?
It's a word game. The man still winds up with the money.
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I love this legend.Sledog said:
Yeah that's why family farms were crushed. The patriarch dies and the family can't pay the death taxes. Saw the same thing with an expensive piece of property where I worked. The family couldn't afford the taxes which were millions of dollars. Selling became hard as well and it languished for some time.PurpleThrobber said:
So you're moving the goalpost to say "the Estate" or "your heirs" will be taxed. BULLSHIT.2001400ex said:
You won't be taxed when you die. And the estate tax. The overwhelming majority of the amount that is taxed is unrealized capital gains that hasn't been taxed yet.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.HHusky said:Bill Gates understands that ultra wealthy people have provided a healthy market to income avoidance and deferral planners. He favors a robust estate tax, which is one good way of getting at the real issue.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I'm taxed on dollars earned and reported as taxable income (once), and I accumulate that income in an investment or bank account, paying taxes on dividends and interest earned (new income earned - and taxed a first time), when I die the government then taxes those dollars AGAIN.
If that's not double taxation, what is it?
Fucking bullshit. It's a money grab instead of addressing the core issues of government overspending and waste. -
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.HHusky said:Bill Gates understands that ultra wealthy people have provided a healthy market to income avoidance and deferral planners. He favors a robust estate tax, which is one good way of getting at the real issue.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I'm taxed on dollars earned and reported as taxable income (once), and I accumulate that income in an investment or bank account, paying taxes on dividends and interest earned (new income earned - and taxed a first time), when I die the government then taxes those dollars AGAIN.
If that's not double taxation, what is it?
It's a word game. The man still winds up with the money.
Gates doesn't care because at his level it doesn't really matter. He heirs, and theirs and theirs are going to be fine. Assuming they all did nothing but sit around, the math wouldn't catch up to them for 1,000 years. Bill, like most of us, doesn't care about his lineage that far down the road.
For me, it's real money to my kids and theirs. I have to work around it. -
I'm not a big fan of billions being left to heirs. Of course, nobody is lined up to leave me a billion dollars.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.HHusky said:Bill Gates understands that ultra wealthy people have provided a healthy market to income avoidance and deferral planners. He favors a robust estate tax, which is one good way of getting at the real issue.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I'm taxed on dollars earned and reported as taxable income (once), and I accumulate that income in an investment or bank account, paying taxes on dividends and interest earned (new income earned - and taxed a first time), when I die the government then taxes those dollars AGAIN.
If that's not double taxation, what is it?
It's a word game. The man still winds up with the money.
Gates doesn't care because at his level it doesn't really matter. He heirs, and theirs and theirs are going to be fine. Assuming they all did nothing but sit around, the math wouldn't catch up to them for 1,000 years. Bill, like most of us, doesn't care about his lineage that far down the road.
For me, it's real money to my kids and theirs. I have to work around it.
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It’s only a legend in your closed mind.HHusky said:
I love this legend.Sledog said:
Yeah that's why family farms were crushed. The patriarch dies and the family can't pay the death taxes. Saw the same thing with an expensive piece of property where I worked. The family couldn't afford the taxes which were millions of dollars. Selling became hard as well and it languished for some time.PurpleThrobber said:
So you're moving the goalpost to say "the Estate" or "your heirs" will be taxed. BULLSHIT.2001400ex said:
You won't be taxed when you die. And the estate tax. The overwhelming majority of the amount that is taxed is unrealized capital gains that hasn't been taxed yet.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.HHusky said:Bill Gates understands that ultra wealthy people have provided a healthy market to income avoidance and deferral planners. He favors a robust estate tax, which is one good way of getting at the real issue.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I'm taxed on dollars earned and reported as taxable income (once), and I accumulate that income in an investment or bank account, paying taxes on dividends and interest earned (new income earned - and taxed a first time), when I die the government then taxes those dollars AGAIN.
If that's not double taxation, what is it?
Fucking bullshit. It's a money grab instead of addressing the core issues of government overspending and waste. -
There is an interesting argument against family dynasties. You don't want to promote creating a class of ne'er do well do nothings. But giving the next gen. a good leg up is part of the prize for a lot of people.dflea said:
I'm not a big fan of billions being left to heirs. Of course, nobody is lined up to leave me a billion dollars.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.HHusky said:Bill Gates understands that ultra wealthy people have provided a healthy market to income avoidance and deferral planners. He favors a robust estate tax, which is one good way of getting at the real issue.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I'm taxed on dollars earned and reported as taxable income (once), and I accumulate that income in an investment or bank account, paying taxes on dividends and interest earned (new income earned - and taxed a first time), when I die the government then taxes those dollars AGAIN.
If that's not double taxation, what is it?
It's a word game. The man still winds up with the money.
Gates doesn't care because at his level it doesn't really matter. He heirs, and theirs and theirs are going to be fine. Assuming they all did nothing but sit around, the math wouldn't catch up to them for 1,000 years. Bill, like most of us, doesn't care about his lineage that far down the road.
For me, it's real money to my kids and theirs. I have to work around it. -
The first $11+ million is excluded. That’s a bit of a leg up. Bully for all of you leaving more than that.creepycoug said:
There is an interesting argument against family dynasties. You don't want to promote creating a class of ne'er do well do nothings. But giving the next gen. a good leg up is part of the prize for a lot of people.dflea said:
I'm not a big fan of billions being left to heirs. Of course, nobody is lined up to leave me a billion dollars.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.HHusky said:Bill Gates understands that ultra wealthy people have provided a healthy market to income avoidance and deferral planners. He favors a robust estate tax, which is one good way of getting at the real issue.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I'm taxed on dollars earned and reported as taxable income (once), and I accumulate that income in an investment or bank account, paying taxes on dividends and interest earned (new income earned - and taxed a first time), when I die the government then taxes those dollars AGAIN.
If that's not double taxation, what is it?
It's a word game. The man still winds up with the money.
Gates doesn't care because at his level it doesn't really matter. He heirs, and theirs and theirs are going to be fine. Assuming they all did nothing but sit around, the math wouldn't catch up to them for 1,000 years. Bill, like most of us, doesn't care about his lineage that far down the road.
For me, it's real money to my kids and theirs. I have to work around it.
