It's good that you're winning the Twitter battle.
Society The Donald J. Trump Show - 4 more years editions
- Thread starter IschKabibble
- Start date
Breaking News: People with a lot of money will benefit from a tax cut.
I'd honestly be impressed if that ad actually tried stating why they think heirs should have to pay a death tax on money their parent's already paid taxes on.
How can this not be funny, I hope nobody cries over this.
Reminds me of that other Jon Jones on Twitter who always knows when Jon Bones Jones fucks up because his Twitter blows up with hate tweets.
You leave my Prime Minister alone, she wears leather trousers and she's a Godess.
Ain't got no beef with her. I may give her the beef if she plays it right.
*shudders*
White House Plans Tillerson Ouster From State Dept., to Be Replaced by Pompeo
Next one out, White House playing musical chairs?
Next one out, White House playing musical chairs?
I can make a few arguments.
A 2013 Federal Reserve study estimated that 55 percent of the value of estates larger than $100 million consists of capital gains that have never been taxed.
FRB: Finance and Economics Discussion Series: Screen Reader Version - Estate vs. Capital Gains Taxation: An Evaluation of Prospective Policies for Taxing Wealth at the Time of Death
These estates aren’t exactly getting “double taxed” in most cases. Taxable estates generally only pay about one-sixth of their value in tax (a 17% average effective tax rate after the full exemption amount, other deductions, and loopholes). If the capital is amassed via a 20% capital gains tax, then it is taxed again at a 17% average rate on the estate, the total tax burden is about the same as the top federal income tax rate of 39.6% that all high income workers pay.
Estate taxes encourage the creation of philanthropic avenues such as endowments and foundations to avoid estate taxation. In that way the wealthy dedicate funds according to their specific moral choices (education, health, fitness, parks, art, scientific research, whatever) rather than trusting to the government to make those choices for them.
All taxes distort the efficiency of markets, but estate taxes distort consumption and other economic activity less than other taxes. That minimized distortion makes it more efficient than other taxes
before they invested that money, it was earned, yes? why do you think you, or others, have a right to what other people have earned?I can make a few arguments.
A 2013 Federal Reserve study estimated that 55 percent of the value of estates larger than $100 million consists of capital gains that have never been taxed.
FRB: Finance and Economics Discussion Series: Screen Reader Version - Estate vs. Capital Gains Taxation: An Evaluation of Prospective Policies for Taxing Wealth at the Time of Death
Taxable estates generally only pay about one-sixth of their value in tax (a 17% average effective tax rate after the full exemption amount, other deductions, and loopholes). These estates aren’t exactly getting “double taxed” in most cases. If the capital is amassed via a 20% capital gains tax, then it is taxed again at a 17% average rate on the estate, the total tax burden is about the same as the top federal income tax rate of 39.6% that ALL high income workers pay.
Estate taxes encourage the creation of philanthropic avenues such as endowments and foundations to avoid estate taxation. In that way the wealthy dedicate funds according to their specific moral choices (education, health, fitness, parks, art, scientific research, whatever) rather than trusting to the government to make those choices for them.
All taxes distort the efficiency of markets, but estate taxes distort consumption and other economic activity less than other taxes. That minimized distortion makes it more efficient than other taxes
They're a trip. One thing I hate about free speach is not being able to put thos MFer down.
lefties won't know whether to shit or go blind now, that was their position when they were touting for crooked hillary
Flynn with the low level ankle monitorr ... and:
Trump impeachments odds skyrocket after Michael Flynn agrees to cooperate with Mueller investigation
Trump impeachments odds skyrocket after Michael Flynn agrees to cooperate with Mueller investigation
Wrong.
Again, newish to the country and trying to learn. Can someone nutshell what all this means in an unbiased view for me please?
All I really know is Obama said don't and he did anyway now he's trying to stitch him up.
