The dead should be consumed: I do not favor Progressive Taxes, Inheritance Tax, or other tax the rich schemes. I do favor a ceiling on inheritance. When a rich guy dies, his kids and...

Richard Mondale Loc: Montana

I do not favor Progressive Taxes, Inheritance Tax, or other tax the rich schemes. I do favor a ceiling on inheritance. When a rich guy dies, his kids and descendants should get plenty, (I favor ten times the average annual wage for each) the widow should retain the balance (there would be rules) after the kids and descendants take their share, and the kids should get another share upon the widow’s death. The rest should go to relatives, friends, and worthy causes. Bottom line: take good care of the family and then disperse the rest. Spread the wealth.
https://finance.yahoo.com/news/davos-elites-face-warning-populist-rage-economic-uncertainty-164119184.html

Liberty Tree

Richard Mondale wrote:

I do not favor Progressive Taxes, Inheritance Tax,... (show quote)

Where one wants his/her money to go after they die is totally up to them.

Canuckus Deploracus Loc: North of the wall

Richard Mondale wrote:

I do not favor Progressive Taxes, Inheritance Tax,... (show quote)

What a man earns in his life is his to do with as he wishes...

Those without wealth enjoy the call of 'share the wealth'...

Those with wealth recognize its value...

Richard Mondale Loc: Montana

George W Bush demonstrated that the way to stimulate the Economy is to take money and give it to the little people who are short. They spend it immediately and the Multiplier Effect kicks in. Besides wouldn't you like to get a windfall hand full of cash? Tags: Let it rot - Earth belongs to the Living - Inequity - Concentration of Wealth

Liberty Tree wrote:

Where one wants his/her money to go after they die is totally up to them.

lindajoy Loc: right here with you....

Canuckus Deploracus wrote:

What a man earns in his life is his to do with as he wishes...

Those without wealth enjoy the call of 'share the wealth'...

Those with wealth recognize its value...

Well said..

I suspect Mr. Mondale would like to share in the wealth of another who worked hard to achieve their goal in life...

What we do with our funds, assets is our business not anyone else's..

What does infuriate me is the ridiculous taxation of 40% on inheritance!! Absurb even with the large exemption base..

Carol Kelly

Liberty Tree wrote:

Where one wants his/her money to go after they die is totally up to them.

Should be! All earned money has been taxed and that should be sufficient. That money unspent should go tax free to survivors, as stipulated by the deceased. To tax
money already taxed is double dipping.

Canuckus Deploracus Loc: North of the wall

lindajoy wrote:

Well said..

I suspect Mr. Mondale would like to share in the wealth of another who worked hard to achieve their goal in life...

What we do with our funds, assets is our business not anyone else's..

What does infuriate me is the ridiculous taxation of 40% on inheritance!! Absurb even with the large exemption base..

Agreed... And agreed....

Was unaware of the last... But agreed...

Carol Kelly

Richard Mondale wrote:

George W Bush demonstrated that the way to stimulate the Economy is to take money and give it to the little people who are short. They spend it immediately and the Multiplier Effect kicks in. Besides wouldn't you like to get a windfall hand full of cash? Tags: Let it rot - Earth belongs to the Living - Inequity - Concentration of Wealth

Ocasio-Cortez would agree with you and take 70% for all the i******s and do nothings
to live more comfortably. That would leave you with 30% of your earnings to live under their zone. She should have gone back to Puerto Rico.

Canuckus Deploracus Loc: North of the wall

Carol Kelly wrote:

Should be! All earned money has been taxed and that should be sufficient. That money unspent should go tax free to survivors, as stipulated by the deceased. To tax
money already taxed is double dipping.

Brings a whole new meaning to 'death and taxes'...

lindajoy Loc: right here with you....

Carol Kelly wrote:

Should be! All earned money has been taxed and that should be sufficient. That money unspent should go tax free to survivors, as stipulated by the deceased. To tax
money already taxed is double dipping.

Yes, it should and there are ways to shield it but still, we shouldn’t have to shield what rightfully belongs to us or our heirs...

Same with SS, we paid taxes on it why do people getting it now have to pay taxes on it again??

lindajoy Loc: right here with you....

Carol Kelly wrote:

Ocasio-Cortez would agree with you and take 70% for all the i******s and do nothings
to live more comfortably. That would leave you with 30% of your earnings to live under their zone. She should have gone back to Puerto Rico.

👍👍👏🏻

She never should have been v**ed in, speaks volumes of her Constituents.. I’ll leave right here for good reason..

Richard Mondale Loc: Montana

Concentration of wealth is a problem. The dead should be composted back into the economy. Earth belongs to the Living. The dead should not rule the living. And, ya, I watched the Meadows fortune get broken up. It did good things for for about three thousand folks.

Canuckus Deploracus Loc: North of the wall

lindajoy wrote:

Yes, it should and there are ways to shield it but still, we shouldn’t have to shield what rightfully belongs to us or our heirs...

Same with SS, we paid taxes on it why do people getting it now have to pay taxes on it again??

Taxing Social Security...
Spreechless

Michael Rich Loc: Lapine Oregon

Carol Kelly wrote:

Should be! All earned money has been taxed and that should be sufficient. That money unspent should go tax free to survivors, as stipulated by the deceased. To tax
money already taxed is double dipping.

Exactly, it's stealing.

Richard Mondale Loc: Montana

I agree!!!! There should be no progressively heavier taxes, or death tax. Your money should go to those you want to get it. I propose smaller bits. Don't concentrate massive wealth into one heir. The object is the avoidance of tyranny. Can you all see that?

lindajoy wrote:

Yes, it should and there are ways to shield it but still, we shouldn’t have to shield what rightfully belongs to us or our heirs...

Same with SS, we paid taxes on it why do people getting it now have to pay taxes on it again??