Sorry what I meant was the people who benefit the most from trust fund babies are in the luxury business, so nice cars, travel agents etc will get a big share of trust fund babies pie.oChaos.Haze wrote:
Weird turn, not sure how to answer that. How did car dealerships, travel agents, and service industry people get into this conversation?
Dude, idiots wasting their money is the entire premise behind trickle down economics.oChaos.Haze wrote:
True, but if their gonna blow it, at least get some of it to help anything, rather than the local LA coke dealer, and the shady hedge fund manager...Cybargs wrote:
What makes you think that great minds won't help their kins succeed? Nothing wrong with trust fund babies, they make everyone else richoChaos.Haze wrote:
I'd say that if I were to submit to the complete concept of capitalism, I would like to see the greatest minds succeed, not kin. You know, "what's best for the market" can't just end with your death...
But our current situation is not addressing that, it's just grabbing a stash while the money changes hands, IMHO
The issue is not caring about who died, the issue is the govt. stealing his money afterwards, and in fact actually pushing legislation to make it legal for them to do so, after the fact.ATG wrote:
boo hoo a sport team owner died. Who gives a shit?
watcing sport is for losers who actually do little with their own lives.
OT, he should have had the sense to launder and hide his money like other windbags richcats do.
Last edited by lowing (2010-07-16 06:26:30)
Ya see, your attitude is the problem in this country....Regardless if Hilton lives or dies, earned it or if it is just old family money, one thing is indisputable, and that is the fact that, it is NOT YOUR MONEY, and NONE of YOUR BUSINESS what happens to it and that you have not earned it any more than you think she did, therefore by your own self righteousness, are not entitled to it, less even, then you think she is.oChaos.Haze wrote:
The death tax has never applied to anyone under a certain amount of money, not sure, but I think around $500,000. So for 99% of this board, this does NOT apply to you...
If Paris Hilton doesn't have to pay a death tax, my head may explode. That bitch did nothing, why shouldn't that be taxed, it's a gift. You pay taxes on gifts above a certain amount. Just because someone dies, doesn't make it not a gift.
Side Note, I have told all my friends all year to watch how many famous and rich people die this year. I said by November it would be insane...
Getting there
Last edited by lowing (2010-07-16 06:41:45)
Agree with lowing.lowing wrote:
Ya see, your attitude is the problem in this country....Regardless if Hilton lives or dies, earned it or if it is just old family money, one thing is indisputable, and that is the fact that, it is NOT YOUR MONEY, and NONE of YOUR BUSINESS what happens to it and that you have not earned it any more than you think she did, therefore by your own self righteousness, are not entitled to it, less even, then you think she is.oChaos.Haze wrote:
The death tax has never applied to anyone under a certain amount of money, not sure, but I think around $500,000. So for 99% of this board, this does NOT apply to you...
If Paris Hilton doesn't have to pay a death tax, my head may explode. That bitch did nothing, why shouldn't that be taxed, it's a gift. You pay taxes on gifts above a certain amount. Just because someone dies, doesn't make it not a gift.
Side Note, I have told all my friends all year to watch how many famous and rich people die this year. I said by November it would be insane...
Getting there
Maybe you could explain how or why, you believe her money or that families money belongs to the people more than it belongs to Paris or any other Hilton.
Welcome to conservatism, where you are responsible for your own life, regardless as to what everyone else has.jord wrote:
Agree with lowing.lowing wrote:
Ya see, your attitude is the problem in this country....Regardless if Hilton lives or dies, earned it or if it is just old family money, one thing is indisputable, and that is the fact that, it is NOT YOUR MONEY, and NONE of YOUR BUSINESS what happens to it and that you have not earned it any more than you think she did, therefore by your own self righteousness, are not entitled to it, less even, then you think she is.oChaos.Haze wrote:
The death tax has never applied to anyone under a certain amount of money, not sure, but I think around $500,000. So for 99% of this board, this does NOT apply to you...
If Paris Hilton doesn't have to pay a death tax, my head may explode. That bitch did nothing, why shouldn't that be taxed, it's a gift. You pay taxes on gifts above a certain amount. Just because someone dies, doesn't make it not a gift.
Side Note, I have told all my friends all year to watch how many famous and rich people die this year. I said by November it would be insane...
Getting there
Maybe you could explain how or why, you believe her money or that families money belongs to the people more than it belongs to Paris or any other Hilton.
3 words I thought I'd never say.
I don't really subscribe myself to any particular group. Rather I make my mind up on each individual issue, as such I have no real political party to vote for.lowing wrote:
Welcome to conservatism, where you are responsible for your own life, regardless as to what everyone else has.jord wrote:
Agree with lowing.lowing wrote:
Ya see, your attitude is the problem in this country....Regardless if Hilton lives or dies, earned it or if it is just old family money, one thing is indisputable, and that is the fact that, it is NOT YOUR MONEY, and NONE of YOUR BUSINESS what happens to it and that you have not earned it any more than you think she did, therefore by your own self righteousness, are not entitled to it, less even, then you think she is.
Maybe you could explain how or why, you believe her money or that families money belongs to the people more than it belongs to Paris or any other Hilton.
3 words I thought I'd never say.
I also do not tote a party line, my opinions are based on my own sense of right and wrong. It just so happens, I think everything liberalism stands for is wrong.jord wrote:
I don't really subscribe myself to any particular group. Rather I make my mind up on each individual issue, as such I have no real political party to vote for.lowing wrote:
Welcome to conservatism, where you are responsible for your own life, regardless as to what everyone else has.jord wrote:
Agree with lowing.
3 words I thought I'd never say.
Pro abortion
Anti taxes
Pro leaving Afghanistan now
As for Israel and Hamas, I think they're both as bad as eachother.
That about covers the issues discussed here.
Hey, we gotta pay for government debts somehow...lowing wrote:
Hmmmmm, this thread is conspicuously void of the usual suspects spouting off about how an individuals money is OUR money.
Where are you all at? By all means, please explain how and why you are entitled to money that does not belong to you simply because the owner of that money died.
Before I respond, just want to make sure this is directed at me.JohnG@lt wrote:
Dude, idiots wasting their money is the entire premise behind trickle down economics.oChaos.Haze wrote:
True, but if their gonna blow it, at least get some of it to help anything, rather than the local LA coke dealer, and the shady hedge fund manager...Cybargs wrote:
What makes you think that great minds won't help their kins succeed? Nothing wrong with trust fund babies, they make everyone else rich
You've got some serious jealousy issues. Seek help.
Last edited by oChaos.Haze (2010-07-16 23:53:54)
Funny coming from someone who thinks it's all up to YOU and what YOU do with your life, that a lazy person deserves her cut of money she NEVER had shit to do with, because of blood. The American People on the other hand, had EVERYTHING to do with the money the Hiltons made, and I'm sure a few lives were ruined in the process. So by your own logic...lowing wrote:
Ya see, your attitude is the problem in this country....Regardless if Hilton lives or dies, earned it or if it is just old family money, one thing is indisputable, and that is the fact that, it is NOT YOUR MONEY, and NONE of YOUR BUSINESS what happens to it and that you have not earned it any more than you think she did, therefore by your own self righteousness, are not entitled to it, less even, then you think she is.oChaos.Haze wrote:
The death tax has never applied to anyone under a certain amount of money, not sure, but I think around $500,000. So for 99% of this board, this does NOT apply to you...
If Paris Hilton doesn't have to pay a death tax, my head may explode. That bitch did nothing, why shouldn't that be taxed, it's a gift. You pay taxes on gifts above a certain amount. Just because someone dies, doesn't make it not a gift.
Side Note, I have told all my friends all year to watch how many famous and rich people die this year. I said by November it would be insane...
Getting there
Maybe you could explain how or why, you believe her money or that families money belongs to the people more than it belongs to Paris or any other Hilton.
Last edited by oChaos.Haze (2010-07-16 23:52:18)
Well, by your logic we should level the playing field from birth for everyone. How dare one set of parents work their ass off to provide a superior education or a stack of cash to start their life off with, while another set struggles to put clothes on their kids backs. How dare the world be unfair.oChaos.Haze wrote:
Funny coming from someone who thinks it's all up to YOU and what YOU do with your life, that a lazy person deserves her cut of money she NEVER had shit to do with, because of blood. The American People on the other hand, had EVERYTHING to do with the money the Hiltons made, and I'm sure a few lives were ruined in the process. So by your own logic...
And to throw a sweeping statement "my attitude is the the problem in this country" is tragic at best. Trust me, this country has far more ills than the death tax and it's implementation, and taxes in general. You and I both know that. Even if we abolished all taxes, killed the IRS, and went fair, rich people will still pay more in taxes per year than a poor person. It's just that the government doesn't get to dictate the price... Which is admittedly a much fairer concept. Plus hookers, illegals, drug dealers, anyone "under the table" would now have to chip in...
The strangest part to me lowing, isn't your ideas or my ideas, it's the fact that I truly believe that MOST people agree on about 80% of things, but let the 20% they disagree on distract any progress. Like I bet if we sat down, talked, we'd find out that almost everywhere we agree, but as soon as one topic came up, wham! Walls are up, pre-conceived notions activated, faking paying attention commences...
I hate that my country has taught me to think like that. And as I said earlier, I can't stand the dash and grab concept of it. I'm not a huge fan, but I see the concept. All I'm saying.
Am I making sense at all?
Just hope the trust fund baby is as good as their parent... Most of the time if they can't be trusted with running a business, daddy won't let him take over. Good businessmen are like that, they don't want what they built to be torn down by their own spoiled kids.Dilbert_X wrote:
Personally I don't have issues with people inheriting money, good luck to them, they usually waste it anyway - clogs to clogs in three generations.
What I don't like is trust fund babies inheriting the power and influence which goes with a huge pile of money, or a large business, or jsut having access because of who their Mum slept with.
I don't see how that can be 'right' at any level.
That's just it. It's not up to the government OR Dilbert to decide what is "right". It's up to the family that EARNED that pile of money or large business.Cybargs wrote:
Just hope the trust fund baby is as good as their parent... Most of the time if they can't be trusted with running a business, daddy won't let him take over. Good businessmen are like that, they don't want what they built to be torn down by their own spoiled kids.Dilbert_X wrote:
Personally I don't have issues with people inheriting money, good luck to them, they usually waste it anyway - clogs to clogs in three generations.
What I don't like is trust fund babies inheriting the power and influence which goes with a huge pile of money, or a large business, or jsut having access because of who their Mum slept with.
I don't see how that can be 'right' at any level.
And there are plenty who can't see that their mini-me has any flaws whatever.Cybargs wrote:
Good businessmen are like that, they don't want what they built to be torn down by their own spoiled kids.
So you support the European system of Royal families?FEOS wrote:
That's just it. It's not up to the government OR Dilbert to decide what is "right". It's up to the family that EARNED that pile of money or large business.
Last edited by Dilbert_X (2010-07-17 21:40:47)
Last edited by FEOS (2010-07-19 02:43:33)
But the two things aren't really that different, if the royal families had to pay inheritance/death tax, as the rest of us do, they wouldn't be in power very long.FEOS wrote:
There is a large difference between not supporting taxing the same income three or four times and supporting ruling classes of people.
Being rich =/= ruling a country simply because of your bloodline.Dilbert_X wrote:
But the two things aren't really that different, if the royal families had to pay inheritance/death tax, as the rest of us do, they wouldn't be in power very long.FEOS wrote:
There is a large difference between not supporting taxing the same income three or four times and supporting ruling classes of people.
You make assumptions that the government is naturally corrupt.Dilbert_X wrote:
But money buys power and influence, in a democracy as well as a feudal state.
Wh should power and influence be allowed to pass down the bloodline?
Thats one. Compared to all the americans... wow. wowee wow wow.{M5}Sniper3 wrote:
The government does.Macbeth wrote:
Is there actually anyone who ''believes in'' the Estate tax?
What goes up, must come down. No family stays powerful forever regardless of whether or not the government takes 50% upon death.Dilbert_X wrote:
Wasn't really thinking about corruption, money buys power and influence, whether its campaign spending from your own back pocket, being in the circle of people who get to have lunch with Senators, sitting on the board of companies which do business with the govt and so on.
The fact is if you're rich and powerful you have better access to the mechanisms of democracy than the little guy.
