Taxes on Inheritance and Lottery Winnings (user search)
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  Political Debate (Moderator: Torie)
  Taxes on Inheritance and Lottery Winnings (search mode)
Pages: [1]
Poll
Question: Should taxes on these be higher or lower? (see post below)
#1
both higher		  
#2
inheritance higher/lottery lower		  
#3
inheritance lower/lottery higher		  
#4
both the same		  
#5
inheritance the same/lottery higher		  
#6
inheritance the same/lottery lower		  
#7
inheritance higher/lottery the same		  
#8
inheritance lower/lottery the same		  
#9
both lower		  
Show Pie Chart
Partisan results
Total Voters: 27

Author Topic: Taxes on Inheritance and Lottery Winnings  (Read 2547 times)
A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« on: October 22, 2005, 08:56:55 PM »
The absence of an inheritance tax makes the poor poorer? You are a brain dead kook.

If people stopped stealing from the rich, would they be 'making' the rich richer?
Logged
A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #1 on: October 22, 2005, 10:19:21 PM »
Wow. You don't understand money, and you don't understand banking.
Logged
A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #2 on: October 22, 2005, 10:36:13 PM »
That truism conflicts with your earlier statement.
Logged
A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #3 on: October 22, 2005, 10:49:51 PM »
Having more money in circulation does not add to the number of things you can buy with money, and therefore does not improve the economy in any way at all.

Money that exits circulation simply has a deflationary effect that, under our banking system, will be offset by the Federal Reserve.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #4 on: October 23, 2005, 09:29:04 AM »
Why don't we declare bank withdrawals income?
Logged
A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #5 on: October 23, 2005, 10:29:09 AM »
Quote from: Tredrick on October 23, 2005, 10:01:36 AM
Quote from: A18 on October 23, 2005, 09:29:04 AM
Why don't we declare bank withdrawals income?

Because you already own that money.

For inheritance, money should be taxed and property should not.

Um, rich old people will just put all their money in assets so they can pass on their wealth tax-free.
Logged
A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #6 on: October 23, 2005, 12:06:10 PM »
I don't, but why not just repeal the tax?

This would be the equivalent of only taxing dollars, while everybody conducts commerce in euros.
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