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.
Yeah steal money from people when they die that they have already been taxed on.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!
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?
You or your heirs pay.
It's a word game. The man still winds up with the money.
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.
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.
Quite a leg up. He has said in interviews on this subject that he wouldn't leave them so much as to be able to do nothing, but enuff to do something.
I'm guessing the 'do nothing' part is tuff talk, easy to say when it's far off. But I'd guess the truth is something in between, and his family will have more than enuff to do nothing, but won't control nearly as much wealth as he does.
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.
Yeah steal money from people when they die that they have already been taxed on.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!
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?
You or your heirs pay.
It's a word game. The man still winds up with the money.
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.
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.
Quite a leg up. He has said in interviews on this subject that he wouldn't leave them enuff to do nothing, but enuff to do something.
I'm guessing the 'do nothing' part is tuff talk, easy to say when it's far off. But I'd guess the truth is something in between, and his family will have more than enuff to do nothing, but won't control nearly as much wealth as he does.
I’m just trying to figure out who the ultra-wealthy people are whose kids don’t get a “leg up” until they die. I’m not ultra wealthy or dead, yet my wife and I have given our kids a leg up in multiple, expensive ways. They are fortunate. We have been fortunate too. If we leave them $12 million dollars, I think they’ll manage to benefit even if $1 million of it is heavily taxed.
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.
Yeah steal money from people when they die that they have already been taxed on.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!
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?
You or your heirs pay.
It's a word game. The man still winds up with the money.
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.
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.
Quite a leg up. He has said in interviews on this subject that he wouldn't leave them enuff to do nothing, but enuff to do something.
I'm guessing the 'do nothing' part is tuff talk, easy to say when it's far off. But I'd guess the truth is something in between, and his family will have more than enuff to do nothing, but won't control nearly as much wealth as he does.
I’m just trying to figure out who the ultra-wealthy people are whose kids don’t get a “leg up” until they die. I’m not ultra wealthy or dead, yet my wife and I have given our kids a leg up in multiple, expensive ways. They are fortunate. We have been fortunate too. If we leave them $12 million dollars, I think they’ll manage to benefit even if $1 million of it is heavily taxed.
Isn't it great that you have the freedom to do so? Feel free to send a few million my way if the guilt gets to be too much for you
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.
Yeah steal money from people when they die that they have already been taxed on.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!
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?
You or your heirs pay.
It's a word game. The man still winds up with the money.
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.
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.
Quite a leg up. He has said in interviews on this subject that he wouldn't leave them enuff to do nothing, but enuff to do something.
I'm guessing the 'do nothing' part is tuff talk, easy to say when it's far off. But I'd guess the truth is something in between, and his family will have more than enuff to do nothing, but won't control nearly as much wealth as he does.
I’m just trying to figure out who the ultra-wealthy people are whose kids don’t get a “leg up” until they die. I’m not ultra wealthy or dead, yet my wife and I have given our kids a leg up in multiple, expensive ways. They are fortunate. We have been fortunate too. If we leave them $12 million dollars, I think they’ll manage to benefit even if $1 million of it is heavily taxed.
Isn't it great that you have the freedom to do so? Feel free to send a few million my way if the guilt gets to be too much for you
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.
Yeah steal money from people when they die that they have already been taxed on.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!
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?
You or your heirs pay.
It's a word game. The man still winds up with the money.
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.
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.
Quite a leg up. He has said in interviews on this subject that he wouldn't leave them enuff to do nothing, but enuff to do something.
I'm guessing the 'do nothing' part is tuff talk, easy to say when it's far off. But I'd guess the truth is something in between, and his family will have more than enuff to do nothing, but won't control nearly as much wealth as he does.
I’m just trying to figure out who the ultra-wealthy people are whose kids don’t get a “leg up” until they die. I’m not ultra wealthy or dead, yet my wife and I have given our kids a leg up in multiple, expensive ways. They are fortunate. We have been fortunate too. If we leave them $12 million dollars, I think they’ll manage to benefit even if $1 million of it is heavily taxed.
Isn't it great that you have the freedom to do so? Feel free to send a few million my way if the guilt gets to be too much for you
It is great. Are you just squeezing your $20 million fortune to your chest, waiting to give your kids a “leg up” when you’re dead, and resenting the tax on that last $9 million? You could give them something now, you know.
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.
Yeah steal money from people when they die that they have already been taxed on.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!
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?
You or your heirs pay.
It's a word game. The man still winds up with the money.
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.
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.
Quite a leg up. He has said in interviews on this subject that he wouldn't leave them so much as to be able to do nothing, but enuff to do something.
I'm guessing the 'do nothing' part is tuff talk, easy to say when it's far off. But I'd guess the truth is something in between, and his family will have more than enuff to do nothing, but won't control nearly as much wealth as he does.
If any of you has a realistic worry about leaving an estate subject to federal estate taxes, and your kids have student loan debt, you’re worried about the wrong stuff.
If any of you has a realistic worry about leaving an estate subject to federal estate taxes, and your kids have student loan debt, you’re worried about the wrong stuff.
So your an angry college debtor who got a degree in interprative dance and now can't get a job?
If any of you has a realistic worry about leaving an estate subject to federal estate taxes, and your kids have student loan debt, you’re worried about the wrong stuff.
So your an angry college debtor who got a degree in interprative dance and now can't get a job?
No, he is a slip and fall attorney who's clients you should feel sorry for.
Comments
I'm guessing the 'do nothing' part is tuff talk, easy to say when it's far off. But I'd guess the truth is something in between, and his family will have more than enuff to do nothing, but won't control nearly as much wealth as he does.
Or that you're going to use it to pay estate taxes. .
Let me know what he says.
1. You have wealth? Transition while you're alive.
2. Tax all transfers at normal rates to ahem, " Charity" where you or a family member have ANY affiliation or control.
3. 100% estate tax, no deductions or exclusions.
Don't have cash? Buy life insurance.
Want control till you die? That's a Cost you had better consider then.
Didn't plan? Tuff shit. Don't want yur Land taken? send in a Complaint to @Swaye
Compete.
Truth.
Deal with it