Are you in the top 1%?

<p>I have to admit that this debate on whether inheritance should be taxed or not is perplexing to me that it seems to rage on from last night into this am. </p>

<p>There are those of us who believe that if I have legally earned it, and its been appropriately treated from all professional financial standards (from taxes to FASB to the whole 9 yards)…then its mine to do with what I wish, including GIVING (gifting) it to my heirs. And that my gift of what I own (and do not owe) should go exactly in the form I wish to whomever I wish without penalty to them. As Bay pointed out, it will get taxed soon enough when they spend it. </p>

<p>There are those of y ou who disagree and seem equally committed to the belief it should be taxed for all your own reasons and rationale-- personal sense of “fair”, outrage over the randomness of sperm meets egg, etc.</p>

<p>These are such completely opposite worldviews neither one will every convince the other. And these are opinions. Not facts. Not absolutes. Is there anything really new or more to say about it? Saying it repeatedly and more emphatically than last time isn’t going to change the mindset of anyone who disagrees.</p>

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<p>I don’t think people complain about poor people not paying income taxes because we need the money; I think people are concerned about a near majority population of untaxed voters who can determine how much taxes other people must pay. I don’t see how that doesn’t bother you, Mr. Fairness.</p>

<p>“I don’t think people complain about poor people not paying income taxes because we need the money; I think people are concerned about a near majority population of untaxed voters who can determine how much taxes other people must pay. I don’t see how that doesn’t bother you, Mr. Fairness.”</p>

<p>Really?</p>

<p>And the poor will change their votes if they have to pay a few bucks in taxes?</p>

<p>And if the poor change their minds…and want to cut government …they will push to cut the government services that they receive…and not government services others receive?</p>

<p>Ok…</p>

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<p>Sure, why wouldn’t they? Most people vote for their own interests. Do you really think the poor would vote in favor of paying money to the government when they don’t have to?</p>

<p>OK…now you are confusing me Bay…</p>

<p>No. The poor are not going to vote to pay more in taxes…</p>

<p>The poor don’t pay income taxes…</p>

<p>Tax law is changed and now the poor must pay income taxes…</p>

<p>The poor get mad and vote for candidates that enact tax law so the poor don’t have to pay income taxes…</p>

<p>Why bother with this…“Tax law is changed and now the poor must pay income taxes…”</p>

<p>You are going to end up in the same place anyway…and you might stir the poor up and you may get the poor to vote for candidates that want to tax you more…because you are taxing them more…</p>

<p>Right now poor people don’t vote…( I don’t think the poor should pay an income tax)…</p>

<p>Whatever, dstark. It gets tiresome arguing against someone who is h*llbent on taxing everyone (except the poor) and everything regardless of anything…</p>

<p>How many of those who think they aren’t taxed enough send a big extra check on April 15th? Yeah, didn’t think so.</p>

<p>Ahh, TatinG. No one believes they should pay any more taxes–just that the other guy should. (Self included.)</p>

<p>“Socialism is fine until you run out of other people’s money.”</p>

<p>Our entitlement programs must be cut and we all must get less from them. And we all are going to have to pay more in taxes too. All of us–all 100%.</p>

<p>If this keeps up I’ll be forced to quote Adrian Rogers too. ;-)</p>