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Bill Gates insults Sandy
Comments
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Who the fuck is sandy
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Then they did shitty tax planning. And if the taxes were in the millions they had multiple of tens of millions in wealth. That they never paid taxes on because it was unrealized wealth on their land.Sledog said:
Yeah that's why family farms were crushed. The patriarch dies and the family can't pay the death taxes. Saw the same thing with an expensive piece of property where I worked. The family couldn't afford the taxes which were millions of dollars. Selling became hard as well and it languished for some time.PurpleThrobber said:
So you're moving the goalpost to say "the Estate" or "your heirs" will be taxed. BULLSHIT.2001400ex said:
You won't be taxed when you die. And the estate tax. The overwhelming majority of the amount that is taxed is unrealized capital gains that hasn't been taxed yet.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
Fucking bullshit. It's a money grab instead of addressing the core issues of government overspending and waste.
And you are lying off your ass. -
Sandy Duncan. Everyone is just sick of that hairdo.Pitchfork51 said:Who the fuck is sandy
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Gates is leaving his fortune to charity.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
It's a word game. The man still winds up with the money.
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.
https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10 -
http://thefederalist.com/2017/09/28/heres-need-know-estate-tax-family-farmers/PurpleThrobber said:
It’s only a legend in your closed mind.HHusky said:
I love this legend.Sledog said:
Yeah that's why family farms were crushed. The patriarch dies and the family can't pay the death taxes. Saw the same thing with an expensive piece of property where I worked. The family couldn't afford the taxes which were millions of dollars. Selling became hard as well and it languished for some time.PurpleThrobber said:
So you're moving the goalpost to say "the Estate" or "your heirs" will be taxed. BULLSHIT.2001400ex said:
You won't be taxed when you die. And the estate tax. The overwhelming majority of the amount that is taxed is unrealized capital gains that hasn't been taxed yet.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
Fucking bullshit. It's a money grab instead of addressing the core issues of government overspending and waste.
Best not to make policy based on legend. I will exclude the zoning restrictions against keeping dragons. Better safe than sorry. -
On those exceedingly rare occasions that there isn’t sufficient cash, the obligation can be paid over time.2001400ex said:
Then they did shitty tax planning. And if the taxes were in the millions they had multiple of tens of millions in wealth. That they never paid taxes on because it was unrealized wealth on their land.Sledog said:
Yeah that's why family farms were crushed. The patriarch dies and the family can't pay the death taxes. Saw the same thing with an expensive piece of property where I worked. The family couldn't afford the taxes which were millions of dollars. Selling became hard as well and it languished for some time.PurpleThrobber said:
So you're moving the goalpost to say "the Estate" or "your heirs" will be taxed. BULLSHIT.2001400ex said:
You won't be taxed when you die. And the estate tax. The overwhelming majority of the amount that is taxed is unrealized capital gains that hasn't been taxed yet.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
Fucking bullshit. It's a money grab instead of addressing the core issues of government overspending and waste.
And you are lying off your ass. -
Not all of it.2001400ex said:
Gates is leaving his fortune to charity.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
It's a word game. The man still winds up with the money.
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.
https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10 -
Says the poor person without a pending Trust distribution.HHusky said:
On those exceedingly rare occasions that there isn’t sufficient cash, the obligation can be paid over time.2001400ex said:
Then they did shitty tax planning. And if the taxes were in the millions they had multiple of tens of millions in wealth. That they never paid taxes on because it was unrealized wealth on their land.Sledog said:
Yeah that's why family farms were crushed. The patriarch dies and the family can't pay the death taxes. Saw the same thing with an expensive piece of property where I worked. The family couldn't afford the taxes which were millions of dollars. Selling became hard as well and it languished for some time.PurpleThrobber said:
So you're moving the goalpost to say "the Estate" or "your heirs" will be taxed. BULLSHIT.2001400ex said:
You won't be taxed when you die. And the estate tax. The overwhelming majority of the amount that is taxed is unrealized capital gains that hasn't been taxed yet.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
Fucking bullshit. It's a money grab instead of addressing the core issues of government overspending and waste.
And you are lying off your ass. -
True. He’s also giving his kids a “leg up”.creepycoug said:
Not all of it.2001400ex said:
Gates is leaving his fortune to charity.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
It's a word game. The man still winds up with the money.
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.
https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10 -
Something you’d like to share with the bored, Miss?sarktastic said:
Says the poor person without a pending Trust distribution.HHusky said:
On those exceedingly rare occasions that there isn’t sufficient cash, the obligation can be paid over time.2001400ex said:
Then they did shitty tax planning. And if the taxes were in the millions they had multiple of tens of millions in wealth. That they never paid taxes on because it was unrealized wealth on their land.Sledog said:
Yeah that's why family farms were crushed. The patriarch dies and the family can't pay the death taxes. Saw the same thing with an expensive piece of property where I worked. The family couldn't afford the taxes which were millions of dollars. Selling became hard as well and it languished for some time.PurpleThrobber said:
So you're moving the goalpost to say "the Estate" or "your heirs" will be taxed. BULLSHIT.2001400ex said:
You won't be taxed when you die. And the estate tax. The overwhelming majority of the amount that is taxed is unrealized capital gains that hasn't been taxed yet.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
Fucking bullshit. It's a money grab instead of addressing the core issues of government overspending and waste.
And you are lying off your ass. -
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.HHusky said:
True. He’s also giving his kids a “leg up”.creepycoug said:
Not all of it.2001400ex said:
Gates is leaving his fortune to charity.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
It's a word game. The man still winds up with the money.
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.
https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
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. -
And of course its his money so he probably doesn't care what H's opinion is anyway
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It's OUR money and when he dies, WE want it back.
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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.creepycoug said:
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.HHusky said:
True. He’s also giving his kids a “leg up”.creepycoug said:
Not all of it.2001400ex said:
Gates is leaving his fortune to charity.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
It's a word game. The man still winds up with the money.
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.
https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
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. -
Tell your Banker you're going to use your operating line to pay out cash estate payments to non-affiliated family members
Or that you're going to use it to pay estate taxes. .
Let me know what he says. -
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 youHHusky said:
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.creepycoug said:
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.HHusky said:
True. He’s also giving his kids a “leg up”.creepycoug said:
Not all of it.2001400ex said:
Gates is leaving his fortune to charity.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
It's a word game. The man still winds up with the money.
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.
https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
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. -
#metooRaceBannon said:
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 youHHusky said:
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.creepycoug said:
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.HHusky said:
True. He’s also giving his kids a “leg up”.creepycoug said:
Not all of it.2001400ex said:
Gates is leaving his fortune to charity.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
It's a word game. The man still winds up with the money.
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.
https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
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. -
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.RaceBannon said:
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 youHHusky said:
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.creepycoug said:
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.HHusky said:
True. He’s also giving his kids a “leg up”.creepycoug said:
Not all of it.2001400ex said:
Gates is leaving his fortune to charity.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
It's a word game. The man still winds up with the money.
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.
https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
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. -
When your talking billions nothing is millions.creepycoug said:
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.HHusky said:
True. He’s also giving his kids a “leg up”.creepycoug said:
Not all of it.2001400ex said:
Gates is leaving his fortune to charity.creepycoug said:
Yeeup. It is another revenue source and represents a policy against family dynasties. The Coors family railed against it.dflea said:
You or your heirs pay.PurpleThrobber said:HHusky said:
I love the “taxation is stealing” and “double taxation” lies. Smells like idiocy!Sledog said:
Yeah steal money from people when they die that they have already been taxed on.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.
Why can't you lefty fucks earn your own money? Oh yeah an IQ like liquid nitrogen.
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?
It's a word game. The man still winds up with the money.
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.
https://www.businessinsider.com/bill-gates-children-are-proud-of-his-pledge-to-leave-his-money-to-charity-2016-10
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. -
Is this based on a real life experience or is it simply a hypothetical first world problem?sarktastic said:Tell your Banker you're going to use your operating line to pay out cash estate payments to non-affiliated family members
Or that you're going to use it to pay estate taxes. .
Let me know what he says. -
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.sarktastic said:It's OUR money and when he dies, WE want it back.
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If you're a Billionaire and you're hungry and without a home, your wuuried about the wrong stuff
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When you’re right you’re right.sarktastic said:If you're a Billionaire and you're hungry and without a home, your wuuried about the wrong stuff
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Personally, I've done a 180 on the whole inheritance issue.
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 -
Pressingsarktastic said:Personally, I've done a 180 on the whole inheritance issue.
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 -
You enter this world with nothinh, you leave with nothing.
Compete.
Truth.
Deal with it -
So your an angry college debtor who got a degree in interprative dance and now can't get a job?HHusky said:
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.sarktastic said:It's OUR money and when he dies, WE want it back.
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No, he is a slip and fall attorney who's clients you should feel sorry for.Sledog said:
So your an angry college debtor who got a degree in interprative dance and now can't get a job?HHusky said:
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.sarktastic said:It's OUR money and when he dies, WE want it back.
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We have another male adult (I use the term loosely here) with a license to steal?
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That’s no way to thank me for helping “businessmen” like yourself commit their financial crimes.Sledog said:We have another male adult (I use the term loosely here) with a license to steal?
