🚀 go-pugleaf

In ca.general Professor Vonroach <vonroach@popd.ix.netcom.com> wrote:
: On 3 Sep 2000 16:29:20 GMT, Merlin Dorfman
: <dorfman@netcom17.netcom.com> wrote:

:>   If your estate is over $1.2 million, and you have been too
:>stupid to use the many mechanisms available for protecting it,
:>then the excess over $1.2 million is indeed subject to a 55%
:>tax.
:>     Call it a tax on stupidity.

: Let's call it what it is , the federal government grabbing what a
: person has worked a life time to leave to their children - like a
: family farm.

     See previous posting.  Clinton offered to exempt ALL family
farms and businesses.  The Republicans in Congress refused.

:>: Republicans tried to end this awful taxation that keeps families from passing
:>: along their wealth to the next generation.

: They tried to end the estate grabbing by bureaucrats that didn't put
: in a lick of work to make what they grab like thieves.

     Is this true of all taxes??  Why is the estate tax more
objectionable?  That's what I'm having a problem with.  All
the objections apply to all taxes.

:>     Do you feel all estates should be exempt from all taxes?
:>Why?  If I earn a million bucks I sure pay taxes on it.  If my
:>dad leaves me a million, why is that different?

: The difference stupid is that your dad has already paid the god damned
: taxes.  Are you a moron?

     If my dad pays a salary to a gardener or mechanic, they pay
taxes on it, even though he has already paid the goddam taxes and
is paying them with after-tax dollars.  Every dollar in the economy
is taxed (almost) every time it changes hands.  The difference in
the estate tax is that the first $1.2 million is exempt.  I wish
the first $1.2 million of my salary were exempt.

:>: Democrats love taxation, and that is why clnton / gore defeated this bill

: Clinton is the one who started taxing Social Security along with the
: biggest tax increase in history.  And Algore doesn't think that
: Clinton raised taxes near enough.  Lieberman is just smiling, rubbing
: his hands, and continually thanking God for this opportunity to
: `borrow more contributions' from the peon taxpayers.

    Yeah, and those tax increases certainly destroyed the economy,
didn't they?
    When I start getting Social Security, the money I put in while
I was working should be tax exempt--after all, it was after-tax
dollars that went in.  After that, I'm getting "other people's
money," and I should be taxed on it.  If my income is low, I will
pay little or no tax on ot.  If I'm making millions on investments,
I should be taxed fairly heavily on the Social Security I get from
other people's payments into the system.