Republicans, explain to me why im a future job creator.

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markinthedark

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#1 markinthedark
Member since 2005 • 3676 Posts

My great grand parents were wealthy ohio land owners, my grandparents were filthy rich, my parents are filthy rich...

and once my parents keel over, ill be filthy rich.

Can anyone explain to me why my fat ugly ass deserves this money more than poor people? Im pretty stupid, and am not in the least bit beneficial to society. I do some IT work, but not because i choose not to take the free money offerred to me(but because i hate my parents, and dont want to give them the satisfaction of taking their money)

Now im gonna be pretty damn rich one day once the old folks keel over.... explain to me why i earned this money, thx.

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fidosim

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#2 fidosim
Member since 2003 • 12901 Posts

Dear Markinthedark,

You're not a business, so you're not a job creator. It's not my concern whether you earned your money or not.

Sincerely yours,

A Republican.

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chessmaster1989

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#3 chessmaster1989
Member since 2008 • 30203 Posts
Hey now, if you don't want the money, I'll be happy to take it. :P
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Espada12

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#4 Espada12
Member since 2008 • 23247 Posts

I don't understand your post at all lol. Are you a business owner?

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funsohng

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#5 funsohng
Member since 2005 • 29976 Posts
Life isn't fair, get used to it.
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markinthedark

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#6 markinthedark
Member since 2005 • 3676 Posts

Dear Markinthedark,

You're not a business, so you're not a job creator. It's not my concern whether you earned your money or not.

Sincerely yours,

A Republican.

fidosim

maybe i will be? who knows, maybe ill buy a starbucks franchise since i like their coffee. Maybe ill do it just for the free coffee.

Wealth owners dont create jobs, wealth does... give 100k to anyone out there and they will start a business. Im not genetically superior to anyone else or anything like that.

im a peice of crap and im gonna be incredibly rich one day.... even if i develop a heroin habbit and live my life on the streets....

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markinthedark

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#7 markinthedark
Member since 2005 • 3676 Posts

I don't understand your post at all lol. Are you a business owner?

Espada12

nah my parents just live of their investments. You dont need to be a business owner, people just pay to borrow your money.

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TBoogy

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#8 TBoogy
Member since 2007 • 4382 Posts

Dear Markinthedark,

You're not a business, so you're not a job creator. It's not my concern whether you earned your money or not.

Sincerely yours,

A Republican.

fidosim
I think that may have been his point; the right wants to lower taxes for people earning over 250k, saying that those are the people who create jobs. He is saying thT he will be one of those people, and he hasn't/won't be creating anything. Republicans don't just want them lowered for business owners.
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SF_KiLLaMaN

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#9 SF_KiLLaMaN
Member since 2007 • 6446 Posts
You seem to be too hard on yourself......
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mrbojangles25

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#10 mrbojangles25
Member since 2005 • 60809 Posts

because your a consumer? and as a consumer, you need things created by other people. And those people therefore have a job?

On a sidenote, I am looking for investors for my brewpub in a few years. Interested? :P

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markinthedark

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#11 markinthedark
Member since 2005 • 3676 Posts

You seem to be too hard on yourself......SF_KiLLaMaN

maybe, but i see my friends work so hard... just to make ends meet... and even if i did nothing my whole life.... im gonna be richer than them in the end.

its a BS system.

I would happily want a 100% estate tax and lose my entire inheritance... but at the same time... my parents know how to dodge tax law to give me money. Which they are already doing.

So middle class cant really win.

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cybrcatter

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#12 cybrcatter
Member since 2003 • 16210 Posts

My great grand parents were wealthy ohio land owners, my grandparents were filthy rich, my parents are filthy rich...

and once my parents keel over, ill be filthy rich.

Can anyone explain to me why my fat ugly ass deserves this money more than poor people? Im pretty stupid, and am not in the least bit beneficial to society. I do some IT work, but not because i choose not to take the free money offerred to me(but because i hate my parents, and dont want to give them the satisfaction of taking their money)

Now im gonna be pretty damn rich one day once the old folks keel over.... explain to me why i earned this money, thx.

markinthedark

This has nothing to do with the supposed tendency by Republicans to favor tax cuts on the means of production.

This is a fantastic argument against the continued decline in estate taxes that we've witnessed during the last decade.

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markinthedark

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#13 markinthedark
Member since 2005 • 3676 Posts

because your a consumer? and as a consumer, you need things created by other people. And those people therefore have a job?

On a sidenote, I am looking for investors for my brewpub in a few years. Interested? :P

mrbojangles25

im not the best investor, but im not rich... my parents are.

tho feel free to send me your business plan and ill pass it along if it looks good :P

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markinthedark

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#14 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="markinthedark"]

My great grand parents were wealthy ohio land owners, my grandparents were filthy rich, my parents are filthy rich...

and once my parents keel over, ill be filthy rich.

Can anyone explain to me why my fat ugly ass deserves this money more than poor people? Im pretty stupid, and am not in the least bit beneficial to society. I do some IT work, but not because i choose not to take the free money offerred to me(but because i hate my parents, and dont want to give them the satisfaction of taking their money)

Now im gonna be pretty damn rich one day once the old folks keel over.... explain to me why i earned this money, thx.

cybrcatter

This has nothing to do with the supposed tendency by Republicans to favor tax cuts on the means of production.

This is a fantastic argument against the continued decline in estate taxes that we've witnessed during the last decade.

which party champions those estate tax cuts? i mean not like it matters... my parents move funds around to avoid the estate tax.

You have to realize, rich ppl dont pay taxes, they can afford not to.

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coolbeans90

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#15 coolbeans90
Member since 2009 • 21305 Posts

Is it possible, that if you don't start a business, that you will invest or spend some of those monies? Or will you simply stuff them under your pillow, use them for wallpaper and snack on the leftovers? If that is the case, then you are not creating jobs.

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optiow

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#16 optiow
Member since 2008 • 28284 Posts
You don't deserve money more than everyone else. Simple as that.
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cybrcatter

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#17 cybrcatter
Member since 2003 • 16210 Posts

[QUOTE="cybrcatter"]

[QUOTE="markinthedark"]

My great grand parents were wealthy ohio land owners, my grandparents were filthy rich, my parents are filthy rich...

and once my parents keel over, ill be filthy rich.

Can anyone explain to me why my fat ugly ass deserves this money more than poor people? Im pretty stupid, and am not in the least bit beneficial to society. I do some IT work, but not because i choose not to take the free money offerred to me(but because i hate my parents, and dont want to give them the satisfaction of taking their money)

Now im gonna be pretty damn rich one day once the old folks keel over.... explain to me why i earned this money, thx.

markinthedark

This has nothing to do with the supposed tendency by Republicans to favor tax cuts on the means of production.

This is a fantastic argument against the continued decline in estate taxes that we've witnessed during the last decade.

which party champions those estate tax cuts? i mean not like it matters... my parents move funds around to avoid the estate tax.

I think you already know the answer to that. >_>

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fidosim

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#18 fidosim
Member since 2003 • 12901 Posts
I, for one, do not lose sleep over how high or low estate taxes are.
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Espada12

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#21 Espada12
Member since 2008 • 23247 Posts

[QUOTE="Espada12"]

I don't understand your post at all lol. Are you a business owner?

markinthedark

nah my parents just live of their investments. You dont need to be a business owner, people just pay to borrow your money.

Then I don't see the relation you are trying to make.

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markinthedark

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#22 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="markinthedark"]

[QUOTE="SF_KiLLaMaN"]You seem to be too hard on yourself......DarkOfKnight

maybe, but i see my friends work so hard... just to make ends meet... and even if i did nothing my whole life.... im gonna be richer than them in the end.

its a BS system.

I would happily want a 100% estate tax and lose my entire inheritance... but at the same time... my parents know how to dodge tax law to give me money. Which they are already doing.

So middle class cant really win.

I would love a 0% estate tax. Not right or fair to steal peoples inheritance like that, the parents work hard to give their kids a better life. (Not a Republican)

but im lazy as crap, i didnt do anything to deserve my inheritance... i just squirted from a good nutsack.

and im probably going to end up being the richest guy here.

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markinthedark

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#24 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="markinthedark"]

[QUOTE="DarkOfKnight"] I would love a 0% estate tax. Not right or fair to steal peoples inheritance like that, the parents work hard to give their kids a better life. (Not a Republican)DarkOfKnight

but im lazy as crap, i didnt do anything to deserve my inheritance...

Thats just you, think about others who would get their inheritance stolen who work hard and that money would help. My sister paid bills with hers.

me and my sis both have jobs and pay our bills... we also got free college. Not everyone gets free college.

when she graduated she took the free house, i didint.

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cybrcatter

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#26 cybrcatter
Member since 2003 • 16210 Posts

[QUOTE="markinthedark"]

[QUOTE="SF_KiLLaMaN"]You seem to be too hard on yourself......DarkOfKnight

maybe, but i see my friends work so hard... just to make ends meet... and even if i did nothing my whole life.... im gonna be richer than them in the end.

its a BS system.

I would happily want a 100% estate tax and lose my entire inheritance... but at the same time... my parents know how to dodge tax law to give me money. Which they are already doing.

So middle class cant really win.

I would love a 0% estate tax. Not right or fair to steal peoples inheritance like that, the parents work hard to give their kids a better life. (Not a Republican)

Capitalism thrives when entrepreneurship and innovation are at its core. The prospect of wealth is the incentive, or invisible force, that compels individuals to take part in these endeavors. No matter what one's stance on super wealthy individuals are, or the disparity between upper and lower margins of personal wealth, it cannot be denied that the incentive to obtain wealth, and the assurance that wealth may be enjoyed once acquired, is powerful, and key to our system.

Generational wealth, on the other hand, does not contribute to capitalism, nor is it a desirable side effect of our system. Just as naturally occurring market failures are addressed by the government, so should it address generational wealth.

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markinthedark

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#27 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="markinthedark"]

[QUOTE="DarkOfKnight"] Thats just you, think about others who would get their inheritance stolen who work hard and that money would help. My sister paid bills with hers.

DarkOfKnight

me and my sis both have jobs and pay our bills... we also got free college. Not everyone gets free college.

when she graduated she took the free house, i didint.

Ok.. Are you agreeing with my comment or disagreeing?

well who works hard for an inheritance?

not half as hard as working for an actual paycheck.

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markinthedark

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#28 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="DarkOfKnight"][QUOTE="markinthedark"]

maybe, but i see my friends work so hard... just to make ends meet... and even if i did nothing my whole life.... im gonna be richer than them in the end.

its a BS system.

I would happily want a 100% estate tax and lose my entire inheritance... but at the same time... my parents know how to dodge tax law to give me money. Which they are already doing.

So middle class cant really win.

cybrcatter

I would love a 0% estate tax. Not right or fair to steal peoples inheritance like that, the parents work hard to give their kids a better life. (Not a Republican)

Capitalism thrives when entrepreneurship and innovation are at its core. The prospect of wealth is the incentive, or invisible force, that compels individuals to take part in these endeavors. No matter what one's stance on super wealthy individuals are, or the disparity between upper and lower margins of personal wealth, the incentive to obtaining wealth, and the assurance that wealth mey be enjoyed once acquired, is powerful, and key to our system.

Generational wealth, on the other hand, does not contribute to capitalism, nor is it a desirable side effect of our system. Just as naturally occuring market failures are addressed by the governent, so should it address generational wealth.

i think it should, i might take some money for my kids college/retirement funds, which i know i dont deserve... but whatever im selfish, the rest i dont want. I would like to see maybe a 90% estate tax.

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coolbeans90

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#29 coolbeans90
Member since 2009 • 21305 Posts

[QUOTE="DarkOfKnight"][QUOTE="markinthedark"]

maybe, but i see my friends work so hard... just to make ends meet... and even if i did nothing my whole life.... im gonna be richer than them in the end.

its a BS system.

I would happily want a 100% estate tax and lose my entire inheritance... but at the same time... my parents know how to dodge tax law to give me money. Which they are already doing.

So middle class cant really win.

cybrcatter

I would love a 0% estate tax. Not right or fair to steal peoples inheritance like that, the parents work hard to give their kids a better life. (Not a Republican)

Capitalism thrives when entrepreneurship and innovation are at its core. The prospect of wealth is the incentive, or invisible force, that compels individuals to take part in these endeavors. No matter what one's stance on super wealthy individuals are, or the disparity between upper and lower margins of personal wealth, the incentive to obtaining wealth, and the assurance that wealth mey be enjoyed once acquired, is powerful, and key to our system.

Generational wealth, on the other hand, does not contribute to capitalism, nor is it a desirable side effect of our system. Just as naturally occuring market failures are addressed by the governent, so should it address generational wealth.

Eloquently put, good sir. Agreed, wholeheartedly.

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markinthedark

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#31 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="cybrcatter"]

[QUOTE="DarkOfKnight"] I would love a 0% estate tax. Not right or fair to steal peoples inheritance like that, the parents work hard to give their kids a better life. (Not a Republican)coolbeans90

Capitalism thrives when entrepreneurship and innovation are at its core. The prospect of wealth is the incentive, or invisible force, that compels individuals to take part in these endeavors. No matter what one's stance on super wealthy individuals are, or the disparity between upper and lower margins of personal wealth, the incentive to obtaining wealth, and the assurance that wealth mey be enjoyed once acquired, is powerful, and key to our system.

Generational wealth, on the other hand, does not contribute to capitalism, nor is it a desirable side effect of our system. Just as naturally occuring market failures are addressed by the governent, so should it address generational wealth.

Eloquently put, good sir. Agreed, wholeheartedly.

alot of our system is not rags to riches earners though... its mostly generational wealth.

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markinthedark

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#32 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="markinthedark"]

[QUOTE="DarkOfKnight"] Ok.. Are you agreeing with my comment or disagreeing? DarkOfKnight

well who works hard for an inheritance?

not half as hard as working for an actual paycheck.

Your parents worked hard to get that money, and earned it or not I am happy they have something to give you. What if your inheritance was a small family owned company, would it be fair for the government to take it? WOuld it be fair if you busted your butt for 30 years to run that company to have i taken from you just because the government says you didn't make it so you can't have it? Some do work hard for it, depends on the parents.

my parents were lazy, my grandparents were lazy.... it was apparently my great grandparents that earned the money... and i dunno, they might have won it in a poker game for all i know. I just know they owned alot of land in ohio.

if it was a small company for 30 years then maybe... but thats not really how money works these days. My parents refuse to talk money with me, but im fairly certain they pay no taxes or at best next to nothing in taxes. I know for certain they dodge tax laws though.

EDIT: Well i shouldnt say my whole family line is lazy they were actually pretty smart, all engineers.

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coolbeans90

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#34 coolbeans90
Member since 2009 • 21305 Posts

[QUOTE="coolbeans90"]

[QUOTE="cybrcatter"]Capitalism thrives when entrepreneurship and innovation are at its core. The prospect of wealth is the incentive, or invisible force, that compels individuals to take part in these endeavors. No matter what one's stance on super wealthy individuals are, or the disparity between upper and lower margins of personal wealth, the incentive to obtaining wealth, and the assurance that wealth mey be enjoyed once acquired, is powerful, and key to our system.

Generational wealth, on the other hand, does not contribute to capitalism, nor is it a desirable side effect of our system. Just as naturally occuring market failures are addressed by the governent, so should it address generational wealth.

markinthedark

Eloquently put, good sir. Agreed, wholeheartedly.

alot of our system is not rags to riches earners though... its mostly generational wealth.

I'm not sure if you read his post, but he was taking issue with generational wealth, so I'm not understanding the objection here. Anyway, most millionaires are self-made. Go figure.

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markinthedark

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#35 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="markinthedark"]

[QUOTE="coolbeans90"]

Eloquently put, good sir. Agreed, wholeheartedly.

coolbeans90

alot of our system is not rags to riches earners though... its mostly generational wealth.

I'm not sure if you read his post, but he was taking issue with generational wealth, so I'm not understanding the objection here. Anyway, most millionaires are self-made. Go figure.

ill agree with you if you can find me one source citing that fact. most millionaires are definitely not self made.

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cybrcatter

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#37 cybrcatter
Member since 2003 • 16210 Posts

[QUOTE="coolbeans90"]

[QUOTE="cybrcatter"]Capitalism thrives when entrepreneurship and innovation are at its core. The prospect of wealth is the incentive, or invisible force, that compels individuals to take part in these endeavors. No matter what one's stance on super wealthy individuals are, or the disparity between upper and lower margins of personal wealth, the incentive to obtaining wealth, and the assurance that wealth mey be enjoyed once acquired, is powerful, and key to our system.

Generational wealth, on the other hand, does not contribute to capitalism, nor is it a desirable side effect of our system. Just as naturally occuring market failures are addressed by the governent, so should it address generational wealth.

markinthedark

Eloquently put, good sir. Agreed, wholeheartedly.

alot of our system is not rags to riches earners though... its mostly generational wealth.

No, they are not the fanciful rags to riches stories, but the majority of entrepreneurs and innovators are not part of the super wealthy, either.

I do not mean to imply that a man who saves a million dollars over the span of his life should not have the opportunity to leave a decent inheritance for his children.
However, no child should ever inherit $1billion dollars, whether their father, or mother, made $1.1 billion or $150 billion.

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markinthedark

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#38 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="markinthedark"]

[QUOTE="coolbeans90"]

Eloquently put, good sir. Agreed, wholeheartedly.

DarkOfKnight

alot of our system is not rags to riches earners though... its mostly generational wealth.

And what would happen if the tax took 100% of inheritance? People rich and poor would have that money wiped out.

would put people on an equal playing field. and estate tax is only for people wiith a net worth over 5 mil fyi

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markinthedark

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#39 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="markinthedark"]

[QUOTE="DarkOfKnight"] Your parents worked hard to get that money, and earned it or not I am happy they have something to give you. What if your inheritance was a small family owned company, would it be fair for the government to take it? WOuld it be fair if you busted your butt for 30 years to run that company to have i taken from you just because the government says you didn't make it so you can't have it? Some do work hard for it, depends on the parents.DarkOfKnight

my parents were lazy, my grandparents were lazy.... it was apparently my great grandparents that earned the money... and i dunno, they might have won it in a poker game for all i know. I just know they owned alot of land in ohio.

if it was a small company for 30 years then maybe... but thats not really how money works these days. My parents refuse to talk money with me, but im fairly certain they pay no taxes or at best next to nothing in taxes. I know for certain they dodge tax laws though.

Hmm.. Sounds like you may not be sure where the money came from. Said you didn't know. Either way, it's not the governments to take and them getting rid of it wouldnt destroy the economy. Nor do I think generational wealth harms the country. Power maybe, wealth no.

well beyond the great grandparent era i dont know... but my grandparents were engineers, my uncle is are actually one of the most succesful cartoonists in the country.

I actually have alot of successful relatives, but still we all came from money.... we all had fully paid for educations.

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markinthedark

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#42 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="markinthedark"]

[QUOTE="DarkOfKnight"] And what would happen if the tax took 100% of inheritance? People rich and poor would have that money wiped out.

DarkOfKnight

would put people on an equal playing field. and estate tax is only for people wiith a net worth over 5 mil fyi

Nobody would be on an equal playing field. Nor do i wish to strive for 100% level in terms of wealth. If your rich, good for you. And its 1 million not 5. Doesn't change my view. 1 dollar or 50 billion.

but i did nothing, i even had terrible grades in highschool.

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markinthedark

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#43 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="markinthedark"]

[QUOTE="DarkOfKnight"]Hmm.. Sounds like you may not be sure where the money came from. Said you didn't know. Either way, it's not the governments to take and them getting rid of it wouldnt destroy the economy. Nor do I think generational wealth harms the country. Power maybe, wealth no.DarkOfKnight

well beyond the great grandparent era i dont know... but my grandparents were engineers, my uncle is are actually one of the most succesful cartoonists in the country.

I actually have alot of successful relatives, but still we all came from money.... we all had fully paid for educations.

Thats good for your family then. No reason to harm your uncle, good for him.

without free college he would have had no careeer though. Why does all this only make sense to me?

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markinthedark

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#46 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="cybrcatter"]

[QUOTE="markinthedark"]

alot of our system is not rags to riches earners though... its mostly generational wealth.

DarkOfKnight

However, no child should ever inherit $1billion dollars, whether their father, or mother, made $1.1 billion or $150 billion.

Why not?

because they did nothing to actually earn it. You wanna take food stamps away from the poor so your kids can afford to feed their dog caviar... what kinda logic does that make?

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markinthedark

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#49 markinthedark
Member since 2005 • 3676 Posts

[QUOTE="markinthedark"]

[QUOTE="DarkOfKnight"] Thats good for your family then. No reason to harm your uncle, good for him.DarkOfKnight

without free college he would have had no careeer though. Why does all this only make sense to me?

Because you are looking down on yourself for being born into good money and talking about having it all taken away, then showing how it has helped your family.

what kind of human thinks they deserve what they are born into? its 100% circumstantial.

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coolbeans90

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#50 coolbeans90
Member since 2009 • 21305 Posts

[QUOTE="coolbeans90"]

[QUOTE="markinthedark"]

alot of our system is not rags to riches earners though... its mostly generational wealth.

markinthedark

I'm not sure if you read his post, but he was taking issue with generational wealth, so I'm not understanding the objection here. Anyway, most millionaires are self-made. Go figure.

ill agree with you if you can find me one source citing that fact. most millionaires are definitely not self made.

Yeah, they do.

It's not exactly a controversial claim either. Billionaires, yeah, you might be on to something. However, even a large portion of those are self-made.

Anyway, I am most curious as to why you've bothered to pursue this line of discussion, given that I've already agreed that generational wealth needs to be limited.