All Hank, all the time.

[Hank Chinaski]

Originally posted by Gattigap
That's it? C'mon, I know that it's still early in Detroit, but stretch a bit, and let's get that swing loosened up.

Real pros only swing for the fences on fast pitch. Slow pitch- i play pepper.

[sebastian_dangerfield]

Originally posted by taxwonk
It placates me for one. I can't believe you're even suggesting that there is even one iota of equity in imposing a full tax burden of wage-earners while giving those fortunate enough to inherit wealth a free ride.

I'm baffled that you can't grasp this.

It's quite elemenary, and I'm baffled you can't comprehend the other side's morally and logically justified position.

Say your parent works hard his or her whole life, hard enough to be lucky enough to amass a fortune of, say $6mil. That $6mil has been taxed, at one rate or another, along the way, as that person made it. Now, despite those taxes, that person has saved that money, which is a damned hard thing to do (don't give me some shit about how 'its all gravy once you get the first million; it's just as easy to lose the first million as it is to compound it). Now, to add to all the hurdles that person faced his or her whole life to amass that fortune, hurdles he or she wants his kids never to have to endure, the govt - our goddamned useless fucking govt - is going to step in and demand a fat slice of everything over $3mil? That's fair? That "fairness" you champion is exactly why this country is so fucked up. Its exactly why this shithole "entitlement" cesspool I work in can't keep any business within its borders. "Gimme gimme gimme." That's all you fucking here in these parts. As long as pathetic democrats keep pandering to that degenerate base, this country's just going to keep spinning its wheels and hand-wringing about "what to do with the people who can't care for themselves." Maybe, ya think just maybe, if ya stopped taxing and regulating the piss out of everything, people might be a little more entrereneurial? Maybe people could start businesses of consequence without having to grab gobs of VC to pay the ridiculous costs of workers comp, insurance out the ass to keep trial lawyers from taking their homes, and shakedown money for local govt shysters who enforce their little bridge tolls every time you try to make a buck? Ya think maybe that'd work? Maybe the poor you care so much about might have better jobs?

I agree with you that its gross to see people like Paris Hilton get massive chunks of change, but people with between 5-10 million dollars shouldn't have to hire armies of fucking lawyers to structure their estates. And they certainly shouldn't suffer the insult of having their money retaxed and given to the worst run organization in the nation, which would waste it in the most offensive ways imaginable. The cutoff, if we must have one, should be high, very fucking high.

I'd burn my money before I'd see it given to the govt.

[Mmmm, Burger (C.J.)]

Originally posted by sebastian_dangerfield
, the govt - our goddamned useless fucking govt - is going to step in and demand a fat slice of everything over $3mil? That's fair? That "fairness" you champion is exactly why this country is so fucked up. Its exactly why this shithole "entitlement" cesspool I work in can't keep any business within its borders. "Gimme gimme gimme." That's all you fucking here in these parts. As long as pathetic democrats keep pandering to that degenerate base, this country's just going to keep spinning its wheels and hand-wringing about "what to do with the people who can't care for themselves."

Any thoughts on the 9-11 widows?

[sebastian_dangerfield]

Originally posted by Mmmm, Burger (C.J.)
Any thoughts on the 9-11 widows?

That's a pretty lousy attempt at grandstanding, particularly from someone who knows better.

[Hank Chinaski]

Originally posted by sebastian_dangerfield
That's a pretty lousy attempt at grandstanding, particularly from someone who knows better.

was making your second million harder than making your first?

[sebastian_dangerfield]

Originally posted by Hank Chinaski
was making your second million harder than making your first?

You might think marrying elderly women is easy... Its an art.

"So how high is your blood pressure?" is a hard line to work into a poolside conversation in Boca.

[Sexual Harassment Panda]

Originally posted by sebastian_dangerfield
You might think marrying elderly women is easy... Its an art.

"So how high is your blood pressure?" is a hard line to work into a poolside conversation in Boca.

Don't beat around the bush. "Hey, I got Aldoril and Dibenzaline up in my room if you're interested" should be all you need to say.

[baltassoc]

Originally posted by sebastian_dangerfield
It's quite elemenary, and I'm baffled you can't comprehend the other side's morally and logically justified position.
...yadda...yadda

I'd burn my money before I'd see it given to the govt.

Estate tax repeal is dead.

Intersting tidbit from the article: the estate tax hit 1.17% of estates in 2002. That was with a $1,000,000 exemption. It's now $2,000,000., so the percentage has to be even less. It'll be $3.5m in 2009, unlimited in 2010, and $650k in 2011.

Clearly, something's going to have to be done before 2010, unless we're going to retroactively name the last act setting estate taxes "The Estate Tax and 2010 Euthenasia Act."

[Hank Chinaski]

Originally posted by Sexual Harassment Panda
Don't beat around the bush. "Hey, I got Aldoril and Dibenzaline up in my room if you're interested" should be all you need to say.

No. I hooked Sebby up with the Pa/Fla franchises to my old line-

• "You know before he got sent away, i lived in Royal Oak, just down the street from Jack Kevorkian- I helped him tinker around a lot- actually still have a prototype machine."

When you're on the prowl you want to ID and nail the ladies who are already all reved up to go where you want them to go.

[Sidd Finch]

Originally posted by Wank McBumsky
Good day fro Bush and Anmerica.

Indeed. Burn in hell, you fucking terrorist piece of shit. May you be butt raped by lava-hot cocks for the rest of eternity.

But i doubt that the Liberals can be happy for us. I expect you guys here, Ironsped, gatti, Ty, Sidd, SPH (why not pay up?) actually are dismayed by this vicotory

Of course, from the Wahhabi Republican perspective, what day is complete without attacking the patriotism of any person who disagrees with you? What day is complete without saying that anyone who disagrees with you is actually a terrorist supporter?

My only regret today is that you are not lying on a slab next to zarqawi, and burning in hell alongside him.

[Sidd Finch]

Originally posted by sebastian_dangerfield
It's quite elemenary, and I'm baffled you can't comprehend the other side's morally and logically justified position.

Say your parent works hard his or her whole life, hard enough to be lucky enough to amass a fortune of, say $6mil. That $6mil has been taxed, at one rate or another, along the way, as that person made it. Now, despite those taxes, that person has saved that money, which is a damned hard thing to do (don't give me some shit about how 'its all gravy once you get the first million; it's just as easy to lose the first million as it is to compound it). Now, to add to all the hurdles that person faced his or her whole life to amass that fortune, hurdles he or she wants his kids never to have to endure, the govt - our goddamned useless fucking govt - is going to step in and demand a fat slice of everything over $3mil? That's fair? That "fairness" you champion is exactly why this country is so fucked up. Its exactly why this shithole "entitlement" cesspool I work in can't keep any business within its borders. "Gimme gimme gimme." That's all you fucking here in these parts. As long as pathetic democrats keep pandering to that degenerate base, this country's just going to keep spinning its wheels and hand-wringing about "what to do with the people who can't care for themselves." Maybe, ya think just maybe, if ya stopped taxing and regulating the piss out of everything, people might be a little more entrereneurial? Maybe people could start businesses of consequence without having to grab gobs of VC to pay the ridiculous costs of workers comp, insurance out the ass to keep trial lawyers from taking their homes, and shakedown money for local govt shysters who enforce their little bridge tolls every time you try to make a buck? Ya think maybe that'd work? Maybe the poor you care so much about might have better jobs?

I agree with you that its gross to see people like Paris Hilton get massive chunks of change, but people with between 5-10 million dollars shouldn't have to hire armies of fucking lawyers to structure their estates. And they certainly shouldn't suffer the insult of having their money retaxed and given to the worst run organization in the nation, which would waste it in the most offensive ways imaginable. The cutoff, if we must have one, should be high, very fucking high.

I'd burn my money before I'd see it given to the govt.

Under today's law, in most circumstances, very little of that $6 mill has ever been subject to tax, because it is unrealized gain on investments.

And, if the rich parent were to give that $6 mill to the kid while alive, the rich parent would face a hefty gift tax.

And, if the rich parent were to hire the kid to work in the parent's company, the kid would be taxed on the wages.

Why should income, not earned by the individual receiving it, not be taxed?

[Sidd Finch]

Originally posted by baltassoc
Estate tax repeal is dead.

Intersting tidbit from the article: the estate tax hit 1.17% of estates in 2002. That was with a $1,000,000 exemption. It's now $2,000,000., so the percentage has to be even less. It'll be $3.5m in 2009, unlimited in 2010, and $650k in 2011.

Clearly, something's going to have to be done before 2010, unless we're going to retroactively name the last act setting estate taxes "The Estate Tax and 2010 Euthenasia Act."

I thought it was already christened the "Throw Momma From The Train Act."

My bro is an OBGYN, and has told me about guys calling him in mid-to-late December to suggest that maybe their wives need to have labor induced..... I wonder if we'll see the reverse of this, Kevorkian-style, in a few years....

[baltassoc]

Originally posted by Sidd Finch
I thought it was already christened the "Throw Momma From The Train Act."

My bro is an OBGYN, and has told me about guys calling him in mid-to-late December to suggest that maybe their wives need to have labor induced..... I wonder if we'll see the reverse of this, Kevorkian-style, in a few years....

Could be. Bigger consequences, but much bigger payoff too. Adding a dependant saves -what?- $1200 tops. Times two for twins. The estate repeal reinstatement will mean hundreds of thousands of dollars even for moderately well to do Americans, and millions for many.

[Wank McBumsky]

Originally posted by Sidd Finch

Of course, from the Wahhabi Republican perspective, what day is complete without attacking the patriotism of any person who disagrees with you? What day is complete without saying that anyone who disagrees with you is actually a terrorist supporter?

My only regret today is that you are not lying on a slab next to zarqawi, and burning in hell alongside him.

Thats' interesting take on eternal jsutice. The liberals seem very openminded when it comes to protecting killlers, sex predators and terorists, but not soi much for Americans with dfifferent viewpoitns.

What level of hell do you put Teddy? If Hil offed Vincent foster is she above, below or alongside? Try to show for some consistency. Foir once.

[taxwonk]

Originally posted by sebastian_dangerfield
It's quite elemenary, and I'm baffled you can't comprehend the other side's morally and logically justified position.

Say your parent works hard his or her whole life, hard enough to be lucky enough to amass a fortune of, say $6mil. That $6mil has been taxed, at one rate or another, along the way, as that person made it. Now, despite those taxes, that person has saved that money, which is a damned hard thing to do (don't give me some shit about how 'its all gravy once you get the first million; it's just as easy to lose the first million as it is to compound it). Now, to add to all the hurdles that person faced his or her whole life to amass that fortune, hurdles he or she wants his kids never to have to endure, the govt - our goddamned useless fucking govt - is going to step in and demand a fat slice of everything over $3mil? That's fair? That "fairness" you champion is exactly why this country is so fucked up. Its exactly why this shithole "entitlement" cesspool I work in can't keep any business within its borders. "Gimme gimme gimme." That's all you fucking here in these parts. As long as pathetic democrats keep pandering to that degenerate base, this country's just going to keep spinning its wheels and hand-wringing about "what to do with the people who can't care for themselves." Maybe, ya think just maybe, if ya stopped taxing and regulating the piss out of everything, people might be a little more entrereneurial? Maybe people could start businesses of consequence without having to grab gobs of VC to pay the ridiculous costs of workers comp, insurance out the ass to keep trial lawyers from taking their homes, and shakedown money for local govt shysters who enforce their little bridge tolls every time you try to make a buck? Ya think maybe that'd work? Maybe the poor you care so much about might have better jobs?

I agree with you that its gross to see people like Paris Hilton get massive chunks of change, but people with between 5-10 million dollars shouldn't have to hire armies of fucking lawyers to structure their estates. And they certainly shouldn't suffer the insult of having their money retaxed and given to the worst run organization in the nation, which would waste it in the most offensive ways imaginable. The cutoff, if we must have one, should be high, very fucking high.

I'd burn my money before I'd see it given to the govt.

What right do the kids have to the money? They didn't work for it. They don't have some inherent need for it that exceeds anyone else's. What's the moral basis? They got a better slot in the genetic lottery?

I don't accept the notion that people have an inherent right to determine where their wealth will go on their death without paying some tax for the privilege of doing so.

What's more, I am further opposed to eliminating the tax on the transfer of wealth if it increases the incidence of tax on earned income. I think that's inherently unfair and regressive.It's been that way as long as there has been a right to bequeath. What logical basis is there for not imposing the transfer tax? People are taxed on the income they earn, even though soemoen who earned it before them was taxed on it.


Finally, as a practical matter, I have seen very few instances of people who inherited wealth using it to create jobs, good, and economic growth, relative to the number of heirs who use it to buy second homes, million dollar condos on the Gold Coast, and $500 Cavalli jeans or $750 Yves St. Laurent sweats, depending on their taste and their age.