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The Economist nails it

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Comments

  • hardhat
    hardhat Member Posts: 8,344
    Death is the solution to all problems
  • HHusky
    HHusky Member Posts: 24,527
    edited November 2021

    HHusky said:

    “Though rising total spending on the old is justified, a full-scale gerontocracy is not. Retirees with deep pockets do not need public handouts. On the contrary, they should bear a heavier burden as taxes shift from wages, towards property, inheritance and consumption.”

    Time to stop engaging in this fantasy about lowering taxes when you have a society filled with old fuckers living on entitlements. The olds are too numerous and too wealthy overall not to be paying more.

    Pretty sure inheritance taxes aren't taxes on the old but sure.gif
    You can fly speck the sentence, but the idea that the numerous and wealthy should continue to be subsidized by the fewer and less wealthy does need revisiting.
  • HHusky
    HHusky Member Posts: 24,527
    hardhat said:

    Death is the solution to all problems

    I’m with you, but there’s just not the level of support for the idea we need.
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,650 Founders Club
    HHusky said:

    HHusky said:

    “Though rising total spending on the old is justified, a full-scale gerontocracy is not. Retirees with deep pockets do not need public handouts. On the contrary, they should bear a heavier burden as taxes shift from wages, towards property, inheritance and consumption.”

    Time to stop engaging in this fantasy about lowering taxes when you have a society filled with old fuckers living on entitlements. The olds are too numerous and too wealthy overall not to be paying more.

    Pretty sure inheritance taxes aren't taxes on the old but sure.gif
    You can fly speck the sentence, but the idea that the numerous and wealthy should continue to be subsidized by the fewer and less wealthy does need revisiting.
    You're contradicting yourself. I heard from you we need to raise taxes on the lower class.
  • HHusky
    HHusky Member Posts: 24,527

    HHusky said:

    HHusky said:

    “Though rising total spending on the old is justified, a full-scale gerontocracy is not. Retirees with deep pockets do not need public handouts. On the contrary, they should bear a heavier burden as taxes shift from wages, towards property, inheritance and consumption.”

    Time to stop engaging in this fantasy about lowering taxes when you have a society filled with old fuckers living on entitlements. The olds are too numerous and too wealthy overall not to be paying more.

    Pretty sure inheritance taxes aren't taxes on the old but sure.gif
    You can fly speck the sentence, but the idea that the numerous and wealthy should continue to be subsidized by the fewer and less wealthy does need revisiting.
    You're contradicting yourself. I heard from you we need to raise taxes on the lower class.
    Might have been voices in your head.
  • Kaepsknee
    Kaepsknee Member Posts: 14,919
    HHusky said:

    “Though rising total spending on the old is justified, a full-scale gerontocracy is not. Retirees with deep pockets do not need public handouts. On the contrary, they should bear a heavier burden as taxes shift from wages, towards property, inheritance and consumption.”

    Time to stop engaging in this fantasy about lowering taxes when you have a society filled with old fuckers living on entitlements. The olds are too numerous and too wealthy overall not to be paying more.

    So you believe that people should be taxed even more again when inheriting property or other assets that were ultimately paid for with after tax dollars in the first place.

    Brilliant.
  • HHusky
    HHusky Member Posts: 24,527
    Kaepsknee said:

    HHusky said:

    “Though rising total spending on the old is justified, a full-scale gerontocracy is not. Retirees with deep pockets do not need public handouts. On the contrary, they should bear a heavier burden as taxes shift from wages, towards property, inheritance and consumption.”

    Time to stop engaging in this fantasy about lowering taxes when you have a society filled with old fuckers living on entitlements. The olds are too numerous and too wealthy overall not to be paying more.

    So you believe that people should be taxed even more again when inheriting property or other assets that were ultimately paid for with after tax dollars in the first place.

    Brilliant.
    Assuming you’re talking about some sort of “fairness” concept, it should be pointed out that the appreciation on these assets was never taxed and that large estates are primarily composed of appreciated assets.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,050 Founders Club
    HHusky said:

    Kaepsknee said:

    HHusky said:

    “Though rising total spending on the old is justified, a full-scale gerontocracy is not. Retirees with deep pockets do not need public handouts. On the contrary, they should bear a heavier burden as taxes shift from wages, towards property, inheritance and consumption.”

    Time to stop engaging in this fantasy about lowering taxes when you have a society filled with old fuckers living on entitlements. The olds are too numerous and too wealthy overall not to be paying more.

    So you believe that people should be taxed even more again when inheriting property or other assets that were ultimately paid for with after tax dollars in the first place.

    Brilliant.
    Assuming you’re talking about some sort of “fairness” concept, it should be pointed out that the appreciation on these assets was never taxed and that large estates are primarily composed of appreciated assets.
    It's not your money

    Fuck off
  • HHusky
    HHusky Member Posts: 24,527

    HHusky said:

    Kaepsknee said:

    HHusky said:

    “Though rising total spending on the old is justified, a full-scale gerontocracy is not. Retirees with deep pockets do not need public handouts. On the contrary, they should bear a heavier burden as taxes shift from wages, towards property, inheritance and consumption.”

    Time to stop engaging in this fantasy about lowering taxes when you have a society filled with old fuckers living on entitlements. The olds are too numerous and too wealthy overall not to be paying more.

    So you believe that people should be taxed even more again when inheriting property or other assets that were ultimately paid for with after tax dollars in the first place.

    Brilliant.
    Assuming you’re talking about some sort of “fairness” concept, it should be pointed out that the appreciation on these assets was never taxed and that large estates are primarily composed of appreciated assets.
    It's not your money

    Fuck off
    It is, actually.
  • Kaepsknee
    Kaepsknee Member Posts: 14,919
    HHusky said:

    Kaepsknee said:

    HHusky said:

    “Though rising total spending on the old is justified, a full-scale gerontocracy is not. Retirees with deep pockets do not need public handouts. On the contrary, they should bear a heavier burden as taxes shift from wages, towards property, inheritance and consumption.”

    Time to stop engaging in this fantasy about lowering taxes when you have a society filled with old fuckers living on entitlements. The olds are too numerous and too wealthy overall not to be paying more.

    So you believe that people should be taxed even more again when inheriting property or other assets that were ultimately paid for with after tax dollars in the first place.

    Brilliant.
    Assuming you’re talking about some sort of “fairness” concept, it should be pointed out that the appreciation on these assets was never taxed and that large estates are primarily composed of appreciated assets.
    You didn’t build that Business POTD.