Is the inheritance tax just?

Discussion in 'Politics' started by Socrates, Jun 11, 2004.

Thread Status:
Not open for further replies.
  1. Socrates
    Online

    Socrates Guest

    Ratings:
    +0
    If a firefighter makes two million dollars by working overtime for 20 years and a kid born into a wealthy family inherits two million dollars without working a minute, which person's $2 million should be taxed at a higher rate?

    Bush: The inherentance shouldn't be taxed at all !! 0%.
    We should tax the money earned from labor 25 or 30%.

    Kerry: This is silly. It's certainly fair to tax passive income more than income from labor. Hard work should be encouraged. We don't need policies that punish those who work hard, just so we can perpetuate an aristocracy of the wealthy.

    Kerry's right.
     
  2. Avatar4321
    Offline

    Avatar4321 Diamond Member Gold Supporting Member

    Joined:
    Feb 22, 2004
    Messages:
    70,548
    Thanks Received:
    8,163
    Trophy Points:
    2,070
    Location:
    Minnesota
    Ratings:
    +12,163
    How do you encourage hard work if you tax them? Are not those who earn wealth entitled to keep what they earn and dispense it as they feel is right?
     
  3. Socrates
    Online

    Socrates Guest

    Ratings:
    +0
    Avatar said:
    "How do you encourage hard work if you tax them? Are not those who earn wealth entitled to keep what they earn and dispense it as they feel is right?"


    Response:
    The question was: Who should be taxed more- a) the firefighter's $2 millon or b) the inherited $2 million?

    Avatar, you failed to answer the question. Bush thinks the firefighter should be taxed more. Kerry disagrees. Who do you agree with?


    We have to collect some taxes to pay for the military (war on Iraq for example), schools, highways, courts, etc. The question is: Who will pay and how much?
     
  4. Avatar4321
    Offline

    Avatar4321 Diamond Member Gold Supporting Member

    Joined:
    Feb 22, 2004
    Messages:
    70,548
    Thanks Received:
    8,163
    Trophy Points:
    2,070
    Location:
    Minnesota
    Ratings:
    +12,163
    And why on earth should they be taxed any different? Why should one person be penalized more for making more money? Support a flat tax. its the only fair and just thing to do.
     
  5. Socrates
    Online

    Socrates Guest

    Ratings:
    +0
    Avatar, you still didn't answer the question. I'm wondering if you didn't understand the question or whether you just don't want to answer it because you know Bush is wrong. I'm guessing the latter.

    Concerning a flat tax: It is fundamentally unjust because it benefits the rich way too much. This country does a lot for rich people, and it's fair to ask them to do a lot in return.
     
  6. 5stringJeff
    Offline

    5stringJeff Senior Member

    Joined:
    Sep 15, 2003
    Messages:
    9,990
    Thanks Received:
    536
    Trophy Points:
    48
    Location:
    Puyallup, WA
    Ratings:
    +540
    Moved to politics forum, as a debate about tax policy is less a religious issue than a political one.
     
  7. UsaPride
    Offline

    UsaPride Senior Member

    Joined:
    Mar 13, 2004
    Messages:
    3,939
    Thanks Received:
    198
    Trophy Points:
    48
    Location:
    NC
    Ratings:
    +198
    Actually, Bush is right. The inheritated money was already taxed when it was made. Why should it be taxed twice?

    This is just like that mess with my husbands checks at work back in the 90's. He spent his own money when he traveled and was reimbursed in a check that was taxed. Then someone signed a bill and his reimbursment was then added to his paycheck, which put us in a higher tax bracket and we were taxed more. Why? This was HIS money!!
     
  8. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    Interesting, two threads on the same topic and Socrates is posting same stuff and getting same answers from different people. :p:
     
  9. UsaPride
    Offline

    UsaPride Senior Member

    Joined:
    Mar 13, 2004
    Messages:
    3,939
    Thanks Received:
    198
    Trophy Points:
    48
    Location:
    NC
    Ratings:
    +198
    I know, I didn't see the other post until after I posted here, but the other thread says the same thing I've posted, LOL!
     
  10. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    I thought that was funny.

    Just noticed your signature, very nice!:clap:
     
Thread Status:
Not open for further replies.

Share This Page