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The Economist nails it

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Comments

  • HHusky
    HHusky Member Posts: 24,363

    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.
    The only time a rat like HH will mock "fairness" is when he wants to take your money for his politics. Otherwise "fairness" is every rats favorite word when they are trying purchase votes and enslave voters.

    Hey HH, it isn't your money. You did shit to earn it or pay taxes on it the first time. Keep your fucking hands out of others pockets. The capital gains force many to liquidate the asset, that may not bother you because rats like to take other peoples money but it isn't right. Besides, the total collected isn't even going to move the needle when we are talking about rats spending trillions upon trillions.

    How fucking vapid one must be to be a rat and believe that forcing people to sell the family farm so that rat politicians can piss the money away is a good and just thing to advocate?

    The government never needs to increase taxes. They need to cut spending.
    Let’s start with your entitlements.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,633 Founders Club
    HHusky said:

    HHusky said:

    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.
    No its not. My money is mine and the same for all the other people that you are volunteering higher taxes for

    Fuck off
    You’re concerned about leaving a taxable estate? You’ve been sandbagging us then.
    Embarassing

  • HHusky
    HHusky Member Posts: 24,363
    Today, Social Security is the largest program in the federal budget and typically makes up almost one-quarter of total federal spending.Sep 1, 2021
  • MikeDamone
    MikeDamone Member Posts: 37,781
    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.

    Sounds like your problem is with FDR and the progressives.
  • MikeDamone
    MikeDamone Member Posts: 37,781
    edited November 2021
    hardhat said:

    Death is the solution to all problems

    Has anyone calculated the Medicare/Social Security savings that can be attributed to the vid. I bet it’s substantial.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,633 Founders Club
    HHusky said:

    Today, Social Security is the largest program in the federal budget and typically makes up almost one-quarter of total federal spending.Sep 1, 2021

    Sounds like 75% can be cut then. Math is hard

    And of course I paid in to SS and so did my employers. Too bad the folks you vote for looted it.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,633 Founders Club

    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.

    Sounds like your problem is with FDR and the progressives.
    There is no opt out on paying in to Social Security nor is there anything to stop the government from looting it

    Madhoff died in prison for his Ponzi scheme
  • Bendintheriver
    Bendintheriver Member Posts: 7,191 Standard Supporter
    HHusky said:

    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.
    The only time a rat like HH will mock "fairness" is when he wants to take your money for his politics. Otherwise "fairness" is every rats favorite word when they are trying purchase votes and enslave voters.

    Hey HH, it isn't your money. You did shit to earn it or pay taxes on it the first time. Keep your fucking hands out of others pockets. The capital gains force many to liquidate the asset, that may not bother you because rats like to take other peoples money but it isn't right. Besides, the total collected isn't even going to move the needle when we are talking about rats spending trillions upon trillions.

    How fucking vapid one must be to be a rat and believe that forcing people to sell the family farm so that rat politicians can piss the money away is a good and just thing to advocate?

    The government never needs to increase taxes. They need to cut spending.
    Let’s start with your entitlements.
    Ha ha ha. Entitlements? WTF are those? I have never been entitled or given anything in my life. Are you one of those rats who thinks that everyone who is white, excluding yourself of course, was born with some sort of entitlement?
  • MikeDamone
    MikeDamone Member Posts: 37,781
    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.
    It never should have been put in place in the first place. A struggling young family paying 13% to transfer to older people who are spending their days in leisure is immoral. Should have never happened. Thanks once again to the progressives for their dumbass idea that further hurts the poor.