Death Tax

Discussion in 'Current Events' started by Burp, Apr 1, 2009.

  1. Burp
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    Burp Always carry, never tell

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    I work hard. I take care of my finances. I plan ahead. I invest wisely.

    I do all this to leave a legacy to my family when I pass.

    However, when I die, the government will take 45 percent of my estate.

    Can anybody defend this?
     
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  2. Peejay
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    Peejay BANNED

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    Thomas Jefferson, Teddy Roosevelt, Ben Franklin, FDR, to name a few.


    Of course, the ideals and sentiments of the American people seem to have changed. Investment, inheritance and interest are now as respected as earning. What a shame.

    Jeff Weintraub: Teddy Roosevelt & Adam Smith on inheritance taxes (Susan Dunn & Sam Fleischacker)


    I have to agree, it is the living who should determine their own fate, not the dead.
     
  3. Peejay
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    Tell you what, while you are alive, give what you want. When you're dead, you don't matter much. Do what you need to do NOW.

    So my question is, why do so many people wait to die before they disperse their wealth ? To greedy to give in life ?
     
  4. gezztoo
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    gezztoo Member

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    i DOUBT YOU MAKE THAT MUCH THAT YOU SHOULD BE CONCERNED....IF YOU DID YOU WOULDN'T BE ON A DUMBASS MESSAGE BOARD.
     
  5. Burp
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    Burp Always carry, never tell

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    "The evidence presented indicates that intergenerational transfers account for the vast majority of aggregate U.S. capital formation." - Obama's own top economic advisor, Larry Summers

    The government will not get a dime of my money when I pass. I have and will take the proper steps to ensure this is the case.

    I am a financial planner. I know the answer to this question. I deal with customers nearly every day who ask me the same thing.

    And I show them how to make sure they don't lose a dime.

    The death tax is wrong. People work hard for their money and should be able to pass it on to their family (or anyone) without fear of the government taking it.

    (oh...an gezztoo, you know how stupid you sound - you don't know a thing about me)
     
  6. xotoxi
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    xotoxi Platinum Member

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    I'm going to avoid death.
     
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  7. Burp
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    Burp Always carry, never tell

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    I plan on taking one thing with me when I die.
     
  8. GHook93
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    GHook93 Aristotle

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    No! The death tax is the biggest injustice the world has ever seen!
     
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  9. Peejay
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    Impossible. You'll be dead and you can't do a thing about what happens next. All you can do to KNOW this is give it away before you die. If you have a dime when you die, you'll not be able to do anything about what happens to it. You'll be dead.
     
  10. xotoxi
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    xotoxi Platinum Member

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    I plan to be creamated and my ashes poured into a vat of molten metal that will then be used to manufacture Cowbells.
     

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