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Family owned businesses now will give half to the gov't upon death of the founder?

DerekJohnson
DerekJohnson Administrator, Swaye's Wigwam Posts: 70,076 Founders Club
edited May 2022 in Tug Tavern
«134

Comments

  • doogie
    doogie Member Posts: 15,072
    This has to be from he Life Insurance Lobby.
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 70,076 Founders Club
    doogie said:

    This has to be from he Life Insurance Lobby.

    I think it's the ongoing assault on the middle class
  • TheKobeStopper
    TheKobeStopper Member Posts: 5,959

    doogie said:

    This has to be from he Life Insurance Lobby.

    I think it's the ongoing assault on the middle class
    People who own businesses, worth millions, are not middle class.
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 70,076 Founders Club

    doogie said:

    This has to be from he Life Insurance Lobby.

    I think it's the ongoing assault on the middle class
    People who own businesses, worth millions, are not middle class.
    You think all small business owners are worth millions? Then you are brainwashed by Marxists.
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 70,076 Founders Club

    doogie said:

    This has to be from he Life Insurance Lobby.

    I think it's the ongoing assault on the middle class
    People who own businesses, worth millions, are not middle class.
    And you're implying that if someone built up a business to be worth millions, that it's okay for the government to seize half? Think about what you're saying.
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,863 Standard Supporter
    @TheKobeStopper

    "You didn't build that."
  • ntxduck
    ntxduck Member Posts: 6,261
    Love to live my life in fear and anger about hypothetical scenarios I make up in my head
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 70,076 Founders Club
    ntxduck said:

    Love to live my life in fear and anger about hypothetical scenarios I make up in my head

    It's written in the bill.
  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,741 Founders Club

    doogie said:

    This has to be from he Life Insurance Lobby.

    I think it's the ongoing assault on the middle class
    People who own businesses, worth millions, are not middle class.
    And you're implying that if someone built up a business to be worth millions, that it's okay for the government to seize half? Think about what you're saying.
    He has though about it. His position is yes, the government is entitled to half of your work, even though you paid taxes on it already during your life once, once you die. To redistribute as they see fit. APAG, and many others like him, are 100% on board with this. So much for the American Dream.
  • greenblood
    greenblood Member Posts: 14,573
    edited August 2021
    It won't stop there. Went to Walmart the other day to by some DEF fluid, and 5pm on a Thursday, there was only one check stand open and everything else was self checkout. I would guess that there were maybe 5 employees total working the floor (counting the two working checkout).

    People are refusing to work until they get a "fair" wage. Unfortunately, for these morons, their definition of a "fair" wage is about 30%-40% more than what the market will pay. Expect to see more and more of these businesses to find ways to do more with less staff, and these people waiting for a "fair" wage will wait themselves into welfare and homelessness. Then with fewer tax payers and more Kobe's sucking up resources, taxes will need to jump into the 50's, or the government will be forced to default, which it won't do.