Should they remove the estate tax or the death tax?

[Jibartik]

The inheritance tax is a crime. A crime people allow because they hate chad.

The only people it hurts are poor people because rich people don't GAF about it because chad figure's out ways around it. Like buying all the houses so you cant afford them and then transferring ownership to holding companies and you're like "guess ill sell my family home because I cant pay for this"

Sugar taxes

smoking taxes

sales taxes

all this stuff is a flat tax on the poor.

We live in a reganmerica disguised as a hopeful socialist utopia.

[Lune]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

The inheritance tax is a crime. A crime people allow because they hate chad.

The only people it hurts are poor people because rich people don't GAF about it because chad figure's out ways around it. Like buying all the houses so you cant afford them and then transferring ownership to holding companies and you're like "guess ill sell my family home because I cant pay for this"

Sugar taxes

smoking taxes

sales taxes

all this stuff is a flat tax on the poor.

We live in a reganmerica disguised as a hopeful socialist utopia.

Poor people don't get the inheritance tax. It kicks in at like 1.5 million or something.

[Jibartik]

Originally Posted by Lune [You must be logged in to view images. Log in or Register.]

Poor people don't get the inheritance tax. It kicks in at like 1.5 million or something.

I dont refer to poor people as homeless.

I refer to them as with a mortgage they're struggling to but successfully paying off.

In your own state, that would be at least 1.5 mil right there.

If we have an inheritance tax where the (middle class if you define home owners as them) pays for the poor (homeless) by giving their homes to the banks (the rich) so they can sell them for pennies on the dollar (to get richer at the expense of the now homeless middle class).

The messaging is its only for the millionaires! but in reality its for anyone who has a payed off or almost payed off a mortgage in 2020 at the expense of spending that money on themselves, and the bank gets the home.

[Byue]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

The inheritance tax is a crime. A crime people allow because they hate chad.

The only people it hurts are poor people because rich people don't GAF about it because chad figure's out ways around it. Like buying all the houses so you cant afford them and then transferring ownership to holding companies and you're like "guess ill sell my family home because I cant pay for this"

Sugar taxes

smoking taxes

sales taxes

all this stuff is a flat tax on the poor.

We live in a reganmerica disguised as a hopeful socialist utopia.

this is simplistic but at least you get the idea that your shit hole county is a nightmare and know that Regean, which is widely considered to be a great republican president, is a total loser and bullshiter and his policies, much like the right wing policies, not fondly remembered and source of chaos and trouble.

Also getting it that the poor are the most taxed people in this country.
Also understand that the poor subsidize the rich.

Now, try to understand that globally.
You're on the way!

[Jibartik]

The poor own homes dude, just not in your state.

Im sure if I talked to you in real life youd be like, wow I never thought about it that way.

The inheritance tax is annoying for less than 1% of america, and for 99% of america it is soul crushing. It means they have to sell their family home their parents didnt go on vacation before they died to keep for their children.

The inheritance tax just encourages more reverse mortgages for the poor, and a bigger burden on their children who are proudly struggling with debt already.

In the end, who wins with inheritance tax? The banks.

Its a tax on the poor to feed the banks.

[loramin]

Let's review, shall we?

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

The inheritance tax is a crime. A crime people allow because they hate chad.

The only people it hurts are poor people

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

The poor own homes dude, just not in your state.

...
Its a tax on the poor to feed the banks.

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

I dont refer to poor people as homeless.

I refer to them as with a mortgage they're struggling to but successfully paying off.

In your own state, that would be at least 1.5 mil right there.

So just to be clear, in the span of like three forum pages, you've gone from declaring the inheritance tax to be something that "only hurts poor people" to something that affects "poor people who own homes" ... ie. the minority of all poor people, because only 39% of low-income households own the home they live in ... to "poor people" with 1.5 million dollars of net worth for their descendents to inherit!

That's quite a broad definition of poverty [You must be logged in to view images. Log in or Register.]

[Jibartik]

Originally Posted by loramin [You must be logged in to view images. Log in or Register.]

Let's review, shall we?
So just to be clear, in the span of like three forum pages, you've gone from declaring the inheritance tax to be something that "only hurts poor people" to something that affects "poor people who own homes" ... ie. the minority of all poor people, because only 39% of low-income households own the home they live in ... to "poor people" with 1.5 million dollars of net worth for their descendents to inherit!

That's quite a broad definition of poverty [You must be logged in to view images. Log in or Register.]

Bro, there is more to American than the top 1% and the bottom.. theres in fact 98% of Americans.

Yes, I define any struggling american with a mortage, to be a poor, if you have two mortages then you're fine.

But poor does not only mean "you're staying in someone's basement out of charity"

that's poverty.

[Jibartik]

Taxes that message well are the bane of our existance.

It's like, sugar tax sounds great, but in actuality it just taxes the poor. The onlything you can say to defend it is "fuck the poor let them pay for their fat addictions!" (party flippage)

Same with smoking etc, "fuck em! if they want to die then make em pay, it's better for them anyway!" (more party flippage)

No actual game theory going on, how do people behave, why do the poor eat sugar? why do they smoke? Not realizing, it's because theyre poor so they spend what little the have on that shit because they cant afford to spend a night out at the bar after work like the people who vote for these things do.

Science doesnt come up with these taxes politicians (then people who believe the messaging link 1 study (they think is science and not a lobbyist payed for study) saying the politician designed policy has no effect on negative things we see that pop up in our community)

So the poor gets hit with penny taxes, and they just take cuts out of the parts of their lives they took cuts out of to pay for those small things we're nickle and diming them on in the first place. More cuts from their kids healthy diet, so they can give them a sugary treat after school etc. More cuts from their kids healthy diets, so they can buy the pack of cigs they already dont care will kill them.

Prop47 is another example, its messaging is to not punish people harshly for small crimes, but what it's really for is to reduce the money the state spends on prisons, who cares how it affects the poor. (I cant help you if you honestly dont think a reduction in penalizing these crimes doesnt result in an uptick of those crimes, but that's again tht's the power of messaging!)

The inheritance tax is the same thing, the messaging is that you are screwing over elon musk, and bill gates, but the rich get around it by buying everything with their companies or as separate companies, meanwhile the poor just hand over 50% of their families sacrifice and savings.

The worst thing to happen IMO to ourselves is that we allow "the hope of good" to explain "why we have taxes"

Taxes are used to pay people, and people like to get payed, so if their job is worthless, theyre going to message that it's of high value.

Taxes are too high, we spend 60% of them on baby killing and the other 39% we give to the banks and we hand over 1% to the poor.

Raising taxes does not mean a better society.

[Toxigen]

never gonna happen but The Fair Tax is where its at

[You must be logged in to view images. Log in or Register.]

[Gustoo]

Uhh

Tax policy is really simple

The bullshit you see is just to see if you will sign up to bamboozle yourself.

Rich people don't pay bullshit taxes like this. As others have stated.

Its easy to make tax policy fair and generate more revenue for the government, it would put 80,000 of the 83,000 IRS employees out of the job and 100,000 HR block employees out of the job. These are useless garbage jobs about memorizing forms and loopholes for tax policy. A joke game that costs everyone in the country valuable time and money for non productive work.

However, there is one core benefit to a befuddled pile of shit tax system that we have, and that benefit is Government control. The government wishes to control the actions of businesses and individuals by forcing various types of taxes on us. The increasing number of these dumbass taxes and their complex relations to eachother is why we have 160,000 people doing meaningless work in 2 organizations alone.

The problem? Super solvable
The will? Probably not there.

Corporate income tax comes right off the gross revenue line. Can't hide things in cost of goods sold because any of those goods would also have corresponding tax associated with them (I bought 10,000 sheets of wood that year) so then the wood vendor would have paid 10,000 sheets of wood worth of tax, so the government gets the same amount anyways.

Its easy, its fair, and it would mean corporations would actually have to pay taxes.

The benefit for the corporation is that they could get rid of some tax accountants.


All the out of work IRS and HR block people could find jobs as accountants for all the new companies that start up under this new much less combersome tax policy, that the government can fund with 50% of its new tax revenue through a "New business support program" which is a government run subsidized new business loan and support program designed to make our country actually good, robust, profitable, strong, flexible and healthy instead of cucking all citizens to uber-corps.


Home policy is easy. Corporations can't own homes. They aren't commercial properties, they are residential. Fuck you.

Individuals can own two homes, the third home pays a heavy "special property" tax which makes it still possible, but not a simple "Ya i might as well have 200 homes its good investment for me" and the loan application is not a regular home loan.

Problem solved. 1.3 million realtors pissed off due to decrease in prices but they will have a lot of new home sales.

Home loans given to anyone who can demonstrate ability to pay mortgage based on existing rent payment + property taxes + reasonable estimate of repairs. No credit needed, only proof of income. There is no risk to bank because the home is collateral. So fuck you zero risk bank loans going to 4th home owners.

Rental demand will plummet so the "service" that these multi home owners are providing will no longer be needed.

Sorry not running in 2024 but maybe 2028