Tax the rich!!! pt. 2

[Dauphin]

Originally posted by GePap


The truth?

Though of course that moniker is much closer to reality than "death tax". But of course, the Tax does have a name, and it's:

ESTATE TAX

The truth would be "Death Estate Tax". There is no tax simply for owning an estate, it is a tax on an estate left upon death.

[Kidlicious]

Originally posted by Velociryx
I prefer only 3 taxes - on profit, rent, and interest, 100%.

Without any incentive for profit, you have no incentive to WORK

I don't really propose a capatalist system. So I can't really answer this question, anyway. I apologize for wasting your time.

[Kidlicious]

Originally posted by Dauphin


Dead people do pay taxes. A dead person is still required to fill out an income tax return and pay any due taxes for the year.

Dead people don't do anything. That is ridiculous.

[Dauphin]

Originally posted by Kidicious


Dead people don't do anything. That is ridiculous.

Tell that to the inspector of taxes.

[Kidlicious]

Originally posted by Dauphin


Tell that to the inspector of taxes.

Why would I do that? Do you think that he really believes that dead people actually do things.

[Dauphin]

Taxmen believing many weird and wonderful things when they're owed money.

[Kidlicious]

Originally posted by Dauphin
Taxmen believing many weird and wonderful things when they're owed money.

edit: That's how people generally are. They'll believe just about anything if it will put a dollar in their pocket.

[MichaeltheGreat]

Originally posted by Kidicious




edit: That's how people generally are. They'll believe just about anything if it will put a dollar in their pocket.

They might even believe in communism.

[Kidlicious]

Originally posted by MichaeltheGreat


They might even believe in communism.

Of course. We will all be rich beyond our wildest dreams.

[Dinner]

I'm still with taking a healthy share of the estates of the wealthest people. Doing so still passes on a good start in life to the fellow's offspring (hell, they could get everything if he just did a bit of estate planning) but it also helps to guard against the creation of a perminent immutable upper class. Thus peoples' wealth will rise and fall based upon their ability to personally perform.

I don't like the idea of having dynasties of landed gentry owning most of the country's wealth. It's much healthier for a society not to have that.

[Kidlicious]

Originally posted by Oerdin
it also helps to guard against the creation of a perminent immutable upper class.

This class already exists.

[chequita guevara]

Originally posted by Dauphin
If most people make less than the mean average then the median income is lower than the mean, almost by definition.

Not if those on the top make so much money it skews it in the other direction.

[Kuciwalker]

Uh, che, if the people on the top make tons more money, then the mean gets skewed upward and the median is lower than the mean, like he just said!

[Kidlicious]

Originally posted by chegitz guevara


Not if those on the top make so much money it skews it in the other direction.

That makes the mean higher, not the median.

[chequita guevara]