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Post by aztecwin on Feb 17, 2014 9:28:52 GMT -8
How do you end inheritance, who gets the estate and what becomes of it? If I had my way, it would go to the military. Doesn't really matter. The basic mission of this country cannot be achieved while some are born with significant advantages over others. It just can't. This proposal should be greeted enthusiastically by those who believe that a) we ALL need to work for what we have and b) no one rides for free. Lots of people want to end welfare because it's a "handout." Well I'll go along with that the minute we end inheritance for the same reason. Not very convincing. How about address my take on it above? Would you go for an idea that tax on the fruit of inherited money go to fund the military? Not a very workable idea, but still better than just taxing wealth built up over a lifetime away.
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Post by 78aztec82 on Feb 17, 2014 9:34:43 GMT -8
The corporatization of the US would go into hyperdrive since they'd have all the private money. It already has, and I'd say that inheritance had a big hand in it. First, I said it would go into hyperdrive, much more than what we have today. The previous point was that it would destroy family businesses, which out here are a huge part of the rural and semi-rural economy. Without family businesses, you have what left? The Government and Corporations mostly, then a huge service and labor industry. Unworkable, no economic engine.
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Post by 78aztec82 on Feb 17, 2014 10:07:25 GMT -8
First, I said it would go into hyperdrive, much more than what we have today. The previous point was that it would destroy family businesses, which out here are a huge part of the rural and semi-rural economy. Without family businesses, you have what left? The Government and Corporations mostly, then a huge service and labor industry. Unworkable, no economic engine. How much more "hyperdrive" is possible? My guess is not much. Family businesses? Are you referring to Walmart? The San Diego Chargers? Look past your bumper sticker/strawman. Most farms in Virginia are small family owned, most businesses (food, retail, etc) in my county are. Sure we have Walmart but we also have many small franchisees, whether it is the guy that owns 4=3-4 subway franchises, or the Ledo's pizza franchise. The local Dentist that is trying to start a novel Pizza franchise with his son and daughter, the Italian immigrant (legal) who with his son started a beloved Italian restaurant and his family runs it like a tight family. The local independent tax preparer... These are the real stories of family businesses and these are my neighbors of the parents of my kid's friends. I've taken the time to get to know my neighbors and the parents at my kid's schools over the past couple decades and have really gotten to understand what they do,why they do it and how hard they and their family work to make these businesses what they are. For every Walmart there are thousands of real small family-owned businesses.
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Post by aztecwin on Feb 17, 2014 10:50:50 GMT -8
First, I said it would go into hyperdrive, much more than what we have today. The previous point was that it would destroy family businesses, which out here are a huge part of the rural and semi-rural economy. Without family businesses, you have what left? The Government and Corporations mostly, then a huge service and labor industry. Unworkable, no economic engine. How much more "hyperdrive" is possible? My guess is not much. Family businesses? Are you referring to Walmart? The San Diego Chargers? John, I am sure you know that what we are talking about is really very silly. Anyone with very much has arranged their affairs in such a manner through trusts or foundations so that their death will not be a taxable event. Do you want to have people of modest means have their estates taxed away while the really rich avoid those pitfalls? You can have your feelings about this issue, but the practical truth is you cannot take away the wealth of families with real wealth. Walmart is a corporation. The Chargers is a complicated Family Foundation that includes many more businesses than just football. What you are talking abut may be altruistic on some level but not workable or even fair on any level.
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Post by davdesid on Feb 17, 2014 16:10:53 GMT -8
For those who might not be inclined to click on the Reich runt rant link, here is a distillation of most of the runt's rants: "Mommeeee! Mommeeee! Billy has more candy than I do! Waaaahh! Waaaahh! No fair! Waaaahh! Waaaahh! Mommeeee! Mommeeee! Make Billy give me some of his candy! Waaaahh! Waaaahh!" Do you remember when Reich created the concept of the "Anxious Class?" Sent from my DROID RAZR using proboards Yeah... www.discoverthenetworks.org/individualProfile.asp?indid=2023
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Post by 78aztec82 on Feb 17, 2014 17:18:48 GMT -8
"Left of the Left of the Left, SIR!" Men in Black, paraphrased...
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Post by aztec70 on Feb 17, 2014 23:21:06 GMT -8
Reich makes three points. Do the conservatives posting disagree with all of them?
If so, why?
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Post by AlwaysAnAztec on Feb 18, 2014 9:47:57 GMT -8
Reich makes three points. Do the conservatives posting disagree with all of them? If so, why? The problem has become that Cons now believe that the middle class are non producers and 'suck on the government tit'. Actec70's first post: "I think the big point to remember here is that people with jobs create demand an thus more jobs. The middle class must thrive for the economy to thrive" Win's first post: "A mixture of fact and fantasy! Overall those lessons are better off forgotten. Spending does create demand, but taking from producers to fuel spending from non-producers ends up with some people getting money with no resultant product or service. This is just more liberal malarkey. " We are becoming a two class society and Win and the other Cons on this board couldn't be happier. Since none of them are in the one percent, they have been deluded by the successful Republican propaganda.
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Post by aztecwin on Mar 1, 2014 11:20:21 GMT -8
Reich makes three points. Do the conservatives posting disagree with all of them? If so, why? Reich made a weak attempt to make his first point but failed because he left so much out. His attempts on the other two points are miserable outdated failures.
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Post by aztecwin on Mar 1, 2014 11:23:10 GMT -8
Reich makes three points. Do the conservatives posting disagree with all of them? If so, why? The problem has become that Cons now believe that the middle class are non producers and 'suck on the government tit'. Actec70's first post: "I think the big point to remember here is that people with jobs create demand an thus more jobs. The middle class must thrive for the economy to thrive" Win's first post: "A mixture of fact and fantasy! Overall those lessons are better off forgotten. Spending does create demand, but taking from producers to fuel spending from non-producers ends up with some people getting money with no resultant product or service. This is just more liberal malarkey. " We are becoming a two class society and Win and the other Cons on this board couldn't be happier. Since none of them are in the one percent, they have been deluded by the successful Republican propaganda. You have made a complete waste of some band width here. The only thing that makes any sense is the accurate quotes of which only mine makes complete sense. Fail, try again.
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Post by azteccc on Mar 1, 2014 12:03:57 GMT -8
Can the pie grow endlessly, or is wealth a zero-sum game? I honestly believe one's answer to that question determines 90+% of their economic viewpoint.
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Post by tuff on Mar 1, 2014 12:41:35 GMT -8
Abolish the inheritance tax and lower the hell out of the corporate tax.
One is outright theft, and the other would bring back the jobs from overseas.
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