Project 1999
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Project 1999 (/forums/index.php)
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-   -   Should they remove the estate tax or the death tax? (/forums/showthread.php?t=384668)

starkind 06-21-2021 08:34 AM
I'd be OK if it only cost like $500 fine or tax to kill a person

especially if it was the inverse of their net worth, poor people cost more to kill while rich people are low bounty points (because they are boring and no one cares about them)

(moderate to slight /s)

starkind 06-21-2021 08:35 AM
Quote:
Originally Posted by Pulgasari (Post 3324953)
I should detransition, get myself a red robe, and cross

Jibartik 06-21-2021 12:05 PM
Quote:
Trust beneficiaries pay taxes on income that they receive from the trust, but not on returned principal. When trust beneficiaries receive distributions from the trust's principal balance, they do not have to pay taxes on the distribution

imperiouskitten 06-21-2021 06:12 PM
Quote:
Originally Posted by Blingy (Post 3324836)
So you're saying TurboTax fucked up? She inherited a piece of land that's in the middle of nowhere; not worth diddly to any type of developer. However the mineral rights are worth a fair amount. According to TT she needed to send in a big chunk of cash to cover capital gains.

TY for the heads up. I'll tell her to go bug either a CPA or tax attorney.
bazinga lmao

Gatordash 06-21-2021 06:38 PM
Quote:
Originally Posted by Horza (Post 3325005)
Take more money from working class people while stuffing the pockets of wall street and corporations. The Biden way.

Horza 06-21-2021 07:12 PM
Quote:
Originally Posted by Gatordash (Post 3325195)
Take more money from working class people while stuffing the pockets of wall street and corporations. The Biden way.
Working class people don't have more than 11 million dollars in assets, stupid.

Gatordash 06-21-2021 07:23 PM
Not with that attitude. Working people can get to double digits, but Biden will take it away while he lets corporations walk because they pay for his and his constituents in Congress political campaigns.

Pulgasari 06-21-2021 07:47 PM
Quote:
Originally Posted by Gatordash (Post 3325204)
Not with that attitude. Working people can get to double digits, but Biden will take it away while he lets corporations walk because they pay for his and his constituents in Congress political campaigns.
Nobody has paid tax on income earned under Biden yet lol

Gatordash 06-21-2021 07:52 PM
Quote:
Originally Posted by Pulgasari (Post 3325212)
Nobody has paid tax on income earned under Biden yet lol
I have. My accountant upped my taxes to the 28%. I guess its easier to pay more and get a check back then to pay less and have to write a check at the end.

Pulgasari 06-21-2021 08:05 PM
Quote:
Originally Posted by Gatordash (Post 3325215)
I have. My accountant upped my taxes to the 28%. I guess its easier to pay more and get a check back then to pay less and have to write a check at the end.
Patriotic of you to loan money to Uncle Sam! :p


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