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Bill Gates insults Sandy

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  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,650 Founders Club
    HHusky said:

    HHusky said:

    HHusky said:

    2001400ex said:

    dflea said:

    HHusky said:

    Sledog said:

    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.

    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.
    Gates is leaving his fortune to charity.

    https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
    Not all of it.
    True. He’s also giving his kids a “leg up”.
    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.
    You could be practicing voluntary socialism now, you know. Why aren't you?
  • Sledog
    Sledog Member Posts: 38,789 Standard Supporter

    HHusky said:

    HHusky said:

    HHusky said:

    2001400ex said:

    dflea said:

    HHusky said:

    Sledog said:

    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.

    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.
    Gates is leaving his fortune to charity.

    https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
    Not all of it.
    True. He’s also giving his kids a “leg up”.
    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.
    You could be practicing voluntary socialism now, you know. Why aren't you?
    He wants to spend your money on all his free shit. Not his!
  • HHusky
    HHusky Member Posts: 24,527
    edited February 2019

    HHusky said:

    HHusky said:

    HHusky said:

    2001400ex said:

    dflea said:

    HHusky said:

    Sledog said:

    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.

    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.
    Gates is leaving his fortune to charity.

    https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
    Not all of it.
    True. He’s also giving his kids a “leg up”.
    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.
    You could be practicing voluntary socialism now, you know. Why aren't you?
    I do give some money away. And I'm willing to see my taxes raised. What tax rate is socialism again? I must have misplaced the memo.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,061 Founders Club
    HHusky said:

    HHusky said:

    HHusky said:

    HHusky said:

    2001400ex said:

    dflea said:

    HHusky said:

    Sledog said:

    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.

    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.
    Gates is leaving his fortune to charity.

    https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
    Not all of it.
    True. He’s also giving his kids a “leg up”.
    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.
    You could be practicing voluntary socialism now, you know. Why aren't you?
    I do give some money away. And I'm willing to see my taxes raised. What tax rate is socialism again? I must have misplaced the memo.
    No one is stopping you from sending more money in
  • Sledog
    Sledog Member Posts: 38,789 Standard Supporter
    edited February 2019
    HHusky said:

    HHusky said:

    HHusky said:

    HHusky said:

    2001400ex said:

    dflea said:

    HHusky said:

    Sledog said:

    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.

    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.
    Gates is leaving his fortune to charity.

    https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
    Not all of it.
    True. He’s also giving his kids a “leg up”.
    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.
    You could be practicing voluntary socialism now, you know. Why aren't you?
    I do give some money away. And I'm willing to see my taxes raised. What tax rate is socialism again? I must have misplaced the memo.
    All of it! Oh and your life is forfeit and you are owned by the state. HTH
  • Fire_Marshall_Bill
    Fire_Marshall_Bill Member Posts: 26,260 Standard Supporter
    HHusky said:

    It's OUR money and when he dies, WE want it back.

    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.
    only @thechatch
  • HHusky
    HHusky Member Posts: 24,527
    edited February 2019
    Sledog said:

    HHusky said:

    HHusky said:

    HHusky said:

    2001400ex said:

    dflea said:

    HHusky said:

    Sledog said:

    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.

    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.
    Gates is leaving his fortune to charity.

    https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
    Not all of it.
    True. He’s also giving his kids a “leg up”.
    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.
    You could be practicing voluntary socialism now, you know. Why aren't you?
    He wants to spend your money on all his free shit. Not his!

    HHusky said:

    HHusky said:

    HHusky said:

    HHusky said:

    2001400ex said:

    dflea said:

    HHusky said:

    Sledog said:

    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.

    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.
    Gates is leaving his fortune to charity.

    https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
    Not all of it.
    True. He’s also giving his kids a “leg up”.
    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.
    You could be practicing voluntary socialism now, you know. Why aren't you?
    I do give some money away. And I'm willing to see my taxes raised. What tax rate is socialism again? I must have misplaced the memo.
    No one is stopping you from sending more money in
    I'm not willing to subsidize you rich folk more than I already do.

    And can someone tell me what "free shit" I get that Sled doesn't get?
  • HHusky
    HHusky Member Posts: 24,527
    Sledog said:

    HHusky said:

    HHusky said:

    HHusky said:

    HHusky said:

    2001400ex said:

    dflea said:

    HHusky said:

    Sledog said:

    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.

    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.
    Gates is leaving his fortune to charity.

    https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
    Not all of it.
    True. He’s also giving his kids a “leg up”.
    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.
    You could be practicing voluntary socialism now, you know. Why aren't you?
    I do give some money away. And I'm willing to see my taxes raised. What tax rate is socialism again? I must have misplaced the memo.
    All of it! Oh and your life is forfeit and you are owned by the state. HTH
    And in Sled's defense, just because he's paranoid, that doesn't prove the government isn't out to get him.
  • Sledog
    Sledog Member Posts: 38,789 Standard Supporter
    edited February 2019
    HHusky said:

    Sledog said:

    HHusky said:

    HHusky said:

    HHusky said:

    HHusky said:

    2001400ex said:

    dflea said:

    HHusky said:

    Sledog said:

    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.

    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.
    Gates is leaving his fortune to charity.

    https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
    Not all of it.
    True. He’s also giving his kids a “leg up”.
    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.
    You could be practicing voluntary socialism now, you know. Why aren't you?
    I do give some money away. And I'm willing to see my taxes raised. What tax rate is socialism again? I must have misplaced the memo.
    All of it! Oh and your life is forfeit and you are owned by the state. HTH
    And in Sled's defense, just because he's paranoid, that doesn't prove the government isn't out to get him.
    I'm not paranoid. I carry a gun all the time. Nothing to be paranoid about. I control the space around me. If I have a rifle I control everything I can see. So no I'm not paranoid at all.
  • HHusky
    HHusky Member Posts: 24,527
    Sledog said:

    HHusky said:

    Sledog said:

    HHusky said:

    HHusky said:

    HHusky said:

    HHusky said:

    2001400ex said:

    dflea said:

    HHusky said:

    Sledog said:

    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.

    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.
    Gates is leaving his fortune to charity.

    https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
    Not all of it.
    True. He’s also giving his kids a “leg up”.
    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.
    You could be practicing voluntary socialism now, you know. Why aren't you?
    I do give some money away. And I'm willing to see my taxes raised. What tax rate is socialism again? I must have misplaced the memo.
    All of it! Oh and your life is forfeit and you are owned by the state. HTH
    And in Sled's defense, just because he's paranoid, that doesn't prove the government isn't out to get him.
    I'm not paranoid. I carry a gun all the time. Nothing to be paranoid about.
    'Murica! Fuck yeah!