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Accuracy might be a gain here.
Does the universe explode if you classify it as capital gains?
Accuracy might be a gain here.
Capital gains is a form of income tax so I really don't understand what your argument is. Why does it matter what you call it?
https://en.wikipedia.org/wiki/Capita..._United_States
In the United States of America, individuals and corporations pay U.S. federal income tax on the net total of all their capital gains.
Its money that is not received as a product of labor. Indeed, a good piece of it is interest born by money taxed as income already.
Boo is the ultimate loser/hater of achievement.
Sucks to be Boo.
I don't understand your argument here. Sales tax is a one time tax. Everything in the supply chain is subject to the resale exemption and the tax is just paid once by the end user.
Sales tax is sort of like a double tax. You are taxed when you earn money then have that money taxed again when you spend it.
Spurraider said it for me. If we're worried about double taxes then the sales tax is part of it, it's taxing money that was already taxed when I earned it.
Not to mention that the sales tax is a regressive tax that primarily targets the middle class and discourages spending.
yeah this is why the consumption tax as opposed to income tax wouldn't work in the long run
Sales tax is an alternative to a state income tax.
in other words taxing your income twice.
using your argument a death tax would be taxing your money three times.
LOL FairTax
yeah a consumption tax is one of the most re ed ideas out there when it comes to taxation.
It might not be until decades from now, but eventually people are going to realize that heavily taxing income earned from capital is the only sustainable way a 21st century economy will work in the long run.
My argument is that the "double taxation!" argument applies all over the place and is something people bring up when it works for them/ignore when it doesn't.
I concur. Estate taxes blow.
Why do you say capital gains? It could be cash that's being passed or do you mean classify what's being passed as capital gains?
bull . the unearned income to the inheritors is taxable, always. $5M tax free isn't enough?
If I give my kids 5M before I die, it gets taxed 39%, but if after I die, it's tax free?
this estate tax bull is nothing but the wealthy hiring the Repug s to game the tax system even more.
No I was not. My response was regarding estate taxes.
Estate taxes should be, after a certain point, pretty steeply progressive, but 100% is stupid, generally because it creates massive incentives to cheat.
http://www.huffingtonpost.com/carol-..._9556478.html?Zyola Mix has overcome many difficulties in her personal life, as well as cultural obstacles, to pursue her dream of working in the space industry. Her road to becoming a Mechanical Designer at SEAKR Engineering began during her childhood in Hawai`i. At age five, a visit with her great uncle and cousins to Diamond Head provided a view of the stars so inspiring—“the ocean was glassy and black, perfectly reflecting the stars above,”—that Zyola decided to pursue a career in the space industry.
Her home life was difficult and, at times, abusive, which meant that Zyola was not always confident in her own abilities. Furthermore, she says, “there were many cultural, racial and gender biases to fight through.” Like other women and minorities, the prospect of trying to fit into an overwhelmingly and persistently white and male workplace was somewhat daunting. “The adults in my life either actively discouraged me,” she says, “or didn’t know enough about the STEM world to encourage me.” Still, she was able to “find refuge in books and in the story of Dr. Mae Jemison,” the first female African-American astronaut.
After deciding to move across the country to escape an abusive marriage, Zyola reconnected with her goal of doing work related to the stars—largely because she wanted to provide a stable home for her daughter and demonstrate that “any challenge can be overcome.” She “started over without a penny and suffered the stigma of trying to live on public assistance; on top of that, [she] was going to school full time, working, and raising a child alone without support.”
Sterilzing people like Zyola is a ed policy, and you are ed for thinking it is even worth joking about. If you think it is a serious policy solution, well, that puts you in a whole other class of moron.
If that is the kind of stupidity you like to stake your intellectual capital on, it makes it so much easier to dismiss your other opinions. Congrats.
Pretty much. It is income to the kids, in an economic sense.bull . the unearned income to the inheritors is taxable, always. $5M tax free isn't enough?
If I give my kids 5M before I die, it gets taxed 39%, but if after I die, it's tax free?
this estate tax bull is nothing but the wealthy hiring the Repug s to game the tax system even more.
Income they didn't really earn.
I know injecting actual economics in this discussion is silly, but hey, I'll stick it out there.
I refuse to assign any credibility to statistics about ill-defined terms that you pull out your ass.
Bull was called long ago. Haven't seen you try to man up something dimly credible yet, you old crank.
Because it is income to your children. If they want to work for their own money that is fine, but passing on wealth tax free has some unforeseen consequences I don't think you are considering, respectfully.
Crap... lunch is over, just saw this. I will get back to this at some point.
Did her and her ex not have money to have a child when they did?
It says she started over. That doesn't meet my criteria of conceiving a child when not able to afford to have a child.
Are you incapable of understanding simple nuances?
Please share the unforeseen consequences with us.
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