Centinel
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- Oct 12, 2011
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They don't like it when you don't use their approved terms. They want to control everything, even the language you use.Isn't it amazing how bent out of shape the tax the rich more crowd gets over calling their wealth stealing scheme a death tax.
This sums up the issue as well as I've seen:
"I’m not sure what’s more offensive: the selfish efforts to secure yet another tax break for the wealthy, or the bogus and insulting economic threats with which they are trying to sell it." - David Goldstein.
Northwest Progressive Institute Archive: Whining about the estate tax
They don't like it when you don't use their approved terms. They want to control everything, even the language you use.
Two words: thoughtcrime.They love calling semi auto sporting rifles "ASSAULT WEAPONS" or pistols poor people can afford "SATURDAY NIGHT SPECIALS" (A racist term BTW) but they suffer severe conniptions when we call their beloved wealth confiscation schemes death taxes
Two words: thoughtcrime.
I mean, seriously, you can't run an effective violent interventionist redistributionist collectivist totalitarian regime without controlling the language.
This sums up the issue as well as I've seen:
"I’m not sure what’s more offensive: the selfish efforts to secure yet another tax break for the wealthy, or the bogus and insulting economic threats with which they are trying to sell it." - David Goldstein.
Northwest Progressive Institute Archive: Whining about the estate tax
David Goldstein shows just how stupid people can be every time he opens his mouth. Selfish is wanting what others earn for your own benefit. Selfish is not wanting to keep what you earn or give it to your children. If David Goldstein understood the terms he uses he would appear to be less stupid when he decides to speak but sadly that isn't something he thinks is worth his effort.
I don't think it's selfish for families to wish to keep their assets. It's their stuff, after all. I just don't regard assets moving between family members to be the same as salary or investment income. The federal government should keep its hands off family wealth.David Goldstein shows just how stupid people can be every time he opens his mouth. Selfish is wanting what others earn for your own benefit. Selfish is not wanting to keep what you earn or give it to your children. If David Goldstein understood the terms he uses he would appear to be less stupid when he decides to speak but sadly that isn't something he thinks is worth his effort.
You could tell me when the transfer was independent of someone dieing. Until you do that I see no reason to change how I call it.
They love calling semi auto sporting rifles "ASSAULT WEAPONS" or pistols poor people can afford "SATURDAY NIGHT SPECIALS" (A racist term BTW) but they suffer severe conniptions when we call their beloved wealth confiscation schemes death taxes
You could tell me when the transfer was independent of someone dieing. Until you do that I see no reason to change how I call it.
Irrelevant nonsense that has nothing to do with the subject being discussed.
Millions have estates that are never taxed either. And the tax is paid before ANYTHING is transferred. For those of us who have served as executors of an estate that was parasitized by the death tax we know that fact
If you don't have an estate plan and your estate isn't subject to probate, then each individual beneficiary will be responsible for signing and filing your estate tax return with the IRS and/or state taxing authorities and also signing the check to pay the taxes.
If you only have a Last Will and Testament but your estate isn't subject to probate, then each individual beneficiary will be responsible for signing and filing your estate tax return with the IRS and/or state taxing authorities and also signing the check to pay the taxes.
The estate tax in the United States is a tax imposed on the transfer of the "taxable estate" of a deceased person, whether such property is transferred via a will, according to the state laws of intestacy or otherwise made as an incident of the death of the owner, such as a transfer of property from an intestate estate or trust, or the payment of certain life insurance benefits or financial account sums to beneficiaries. The estate tax is one part of the Unified Gift and Estate Tax system in the United States. The other part of the system, the gift tax, imposes a tax on transfers of property during a person's life; the gift tax prevents avoidance of the estate tax should a person want to give away his/her estate.
They don't like it when you don't use their approved terms. They want to control everything, even the language you use.
By all means, present the actual language which supports this allegation. Allow me to assist you
Frequently Asked Questions on Estate Taxes
and
You can use any language you want to use. Just expected to be criticized for engaging in intellectual fraud when you do so regarding the silly 'death tax'.
Thousands of people die every day of the week, month and year. And they pay no estate or inheritance tax. Their death is totally independent of any tax associated with the event of death.
It is not the act of death which is taxed - it is the transfer of wealth from one person to a different person.
Consider this: one could die and have all their wealth , even great wealth, burned with their body viking style in a great and glorious pyre of flame. Their is nothing to transfer and the death of a wealthy person took place just the same.
It is not death that is taxed as we all can see it happens every hour of the day and there is not a tax upon it. Wealthy people can die and their estate not be subject to any tax if it is all burned with them.
So it is NOT death that is taxed and it is not even rich people who are taxed. It is the transfer of wealth from one person to the other that is taxed.
Yes, like people that are not rich. What does this prove exactly?
It dependent on the act of death when the assets are then to be transfered to the desired individual/s. Your description is forgetting why the transfer is occurring so you can just pretend it only just another transfer. However, much like any other gift tax it is dependent on the event that caused the transfer.
Lol! Like that happens often.
Covered this.
do you actually know what you quoted?
1- it proves that there is no death tax since one can suffer death an pay no tax or be subject to no tax.
2- NO. go back and read it again. You can transfer an estate and pay tax while still living and no death has to occur. It death does occur, it is the transfer that is taxed - NOT the act of death.
3- You miss the point. Wealthy people do not have to transfer an estate. That is a simple fact. It is the transfer that invokes the tax.
the IRS FAQ on estate taxes.
Did you have trouble figuring that out?
3- You miss the point. Wealthy people do not have to transfer an estate. That is a simple fact. It is the transfer that invokes the tax.
Death tax. Estate tax.that we call it the death tax apparently upsets you and a few other leftwingers who love anything that takes more money from the industrious and gives it to the government
but stop the nonsense that there is no death tax Its a well known alternative term for your beloved estate tax or inheritance tax or surtax on the wealthy or whatever the enrich the government more crowd want to call that abomination
IMO, a parent giving money to his child should not be a taxable event. I'll never support taxing transfers of money from a parent to a child. Fortunately, as the poll indicates, I'm not the only one who holds this opinion.
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