Inheritance Tax (user search)
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Author Topic: Inheritance Tax  (Read 14952 times)
Bono
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« on: July 17, 2004, 08:17:14 AM »

I oppose the inheritence tax in the current situation. But, if the inheritance tax would make the income tax go away, I would certainly support it.
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Bono
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« Reply #1 on: July 17, 2004, 10:46:19 AM »

As I stated earlier, I feel that we should eliminate all taxes EXCEPT income tax (property tax, sales tax, inheritance tax, capital gains tax, payroll tax, tolls and all other user fees, the only exceptions being user fees for goods or services for which demand would far outstrip supply if the user fee wasn't in place), and fund everything off of that instead. Given some of the opinions that have been presented, I'd expect to have gotten more of a negative reaction than I did. Smiley

Why should we keep the most unfair of all taxes, since it taxes the most basic human right, the right to earn a living, and at the same time is a discriminatory tax, since it tax some poeple more just because they are more sucesseful?
Isn't it more fair to have a sales tax, or at least a flat income tax, of about let's say, 15%, and cut government, since the federal government is doing many things today it has no constitutional authority to do?
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Bono
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« Reply #2 on: July 17, 2004, 11:17:30 AM »

I feel that it is the fairest possible tax, as it recognizes the basic fact that society helps contribute to one's income through the services that are provided, therefore those who earn the money have an obligation to give a portion of it back to help the less fortunate. You wouldn't have earned as much money if you didn't have government services helping to provide an environment in which earning could be possible.

A sales tax is much more unfair as it is highly regressive, hurting poor people more because poor people spend a much larger percentage of their income than do the rich, thus the poor would actually pay a much higher rate. The sales tax also hurts the economy by artficially raising prices.

If the government truly has no constitutional authority to do the things that it is doing, then get them declared as such by the Supreme Court. Otherwise, if the Court refuses to agree, this argument fails to hold much water.



"There is no such thing as society" Margaret Tatcher
In fact, even if there was, society is not the federal government. You are paying nothing to "society" you are paying to bureaucrats who are going to waste your money like it was corn.
I don't think a sales tax is much good either. But look, New Hamphire has made it without any sales or income tax. But let's assume a major tax is needed. A flat income tax of like 15% would be sactisfactory. Oh, I see, the sales tax hurts economy. And I suppose the income tax doesnt...
You know damn well the supreme court would never declare that inconstitutional, first ecause it is dominated by liberals, and second because the Justices have to pay back for who appointed them by letting some inconstitutionalities pass by.
Now, I wish you would tell me, where is the federal government granted power to creat a public school system, to creat social security, to establish Welfare State, and to "create" any federal crimes other than treason, high sea piracy and counterfeiting?
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Bono
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« Reply #3 on: July 17, 2004, 02:54:10 PM »

Well, let's analyze that.
I believe that men do not have the obligation to help each other. I believe they have to choice to help each other. But, then again, that's what I believe.
Now, the entrepeneur has workers who contribute for him getting wealthy, that's a fact. But he pays them. He pays them the market value of their work. As Henry Ford said, "the highest wages possible". But the entrepeneur provided the inicial idea, who got the workers something to work on in the first place.

The taxation to give to the poor argument is flawed simply because of this: they are getting wealth who was not generated but diverted. Namely, diverted from someone else. If you allow the unemployed and the burger flipers to have a middle class lifestyle without working for it, you are disencouraging the working middle class from workm with the obvious destuction of productivity that follows, and then the crack on tax revenues.
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