🚀 go-pugleaf

Like alimony, and child support?

Isn't that a tax on men?

"ofr555@hotmail.com" <ofr5555@hotmail.com> wrote in message
news:39B5B11E.45F2@hotmail.com...
> Tracey-Levin wrote:
>
> > Is the Democrat below a recipient of welfare, or some other government
hand out?
>
> Like Social Security or corporate welfare?
>
>
>
>
>
> > Is that why he is so eager to defend confiscatory taxation?
> >
> > Tracey
> >
> > Jim Riley wrote:
> >
> > > On Mon, 4 Sep 2000 00:55:42 +0200, "Steve Slatin"
> > > <sslatin@attglobal.net> wrote:
> > >
> > > >In fact, much of the wealth in most large estates has NOT been taxed.
> > > >stock, which has appreciated.  The appreciated element has not been
> > > >taxed.
> > >
> > > But if the stock had been sold, its appreciation would have been
> > > taxed.  So whether or not it is also hit with an estate tax is
> > > arbitrary and capricious.
> > >
> > > >            If you buy land for $1000 an acre and two decades later
sell it
> > > >for $20,000 an acre, it's profit and it's taxed.  If you hold it, no
tax until
> > > >death.
> > >
> > > If you sell it the year before you die, it's taxed twice.  Arbitrary
> > > and capricious.
> > >
> > > >The other point is that your father's million is not taxed under
estate
> > > >taxes.   There's an exemption that is escalating under current
legislation that
> > > >puts the tax-free estate limit at over a million.
> > >
> > > An arbitrary and capricious amount.
> > >
> > > >Of course, the politicians grandstand all over this issue, and
conceal the
> > > >facts -- which they know well.  Estate taxes only touch a percent or
so of
> > > >all estates,
> > >
> > > An arbitary and capricious level.
> > >
> > > >and the average rate is way below the 55 percent figure even
> > > >for those -- they toss that around to frighten the ill-educated.
> > >
> > > The income tax rates have been nowhere 55% since the Reagan-era tax
> > > reforms.  What justification is there for taxing one $1 at that rate
> > > even if it is "income"?
>
> --
> - Outlaw Frog Raper -
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