By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Superman4 said:
Machiavellian said:

No, that money was taxed for the person who made it.  It was not taxed for the people who are receiving it.  The people who are receiving it did nothing to make it so just like any personal gain you receive you should be taxed.  I am all for getting rid of the estate tax but only if as I stated, getting rid of bonus or personal gain that I am taxed as well.  If not they I do not see where I should accept any special privillage for the rich.  You can argue this all day but in the end, the people who are inheriting an estate did not contribute to the gain and thus should be tax just like everyone else.

Bonuses and overtime shouldnt be taxed any different than basic income. Why should the goverment get a bonus because of my work? We have way too many taxes and far too many politicians. We pay these people 100K+ each per year with all of the money they say is for roads and infrastructure. How many taxes do I need for roads? 90% on them in California suck and we clearly dont use tax money for what it was initially slated for.  Property tax is designed to allow the goverment to continually own your property. If you fail to pay they take your property. That money goes to infrstructure about as much as miy paycheck goes to cocaine and hookers....none, although some of it probably should. 

You are not getting my point.  The point is that those things are taxed and nothing is going to change anytime soon if ever.  I totally agree there needs to be an accounting to what is taxed and exactly where that money goes.  I know in some neighborhoods, I actually see that money used.  I see improvements in roads, schools, rec centers, parks etc.  I have also seen the opposite where you see nothing.

My main point is that the estate tax is no different than the taxes we pay for a bonus or if we win the lottery or if someone wins the lottery and give you 50 grand or any of the personal gain taxes we pay now.  Why should we the public give the rich a free ride when we do not get one as well.  So my stance is hell no to any of these billionaires trying to get something passed that totally benefit them but not trying to give us the 99% the same benefit.  Get rid of the bonus or personal gain taxes we pay and then I can see myself agreeing with getting rid of the estate tax.