View Single Post
  #58   Report Post  
Bert Robbins
 
Posts: n/a
Default


" wrote in message
oups.com...
Death Tax?? Nice talking point. Where did you learn that? From Rush
Scumbag? Hannity? Who?

The "death tax" that the Republicans whine about is actually a capital
gains tax on property that is being distributed to a person's heirs.


And this property distribution only occurs when their is a death. The tax
can only be levied and collected after someone dies.

The objective is to ensure that capital gains taxes are collected when
assets are transferred to new owners.


The objective is to punish the accumulation of wealth and the subsequent
passing of that wealth to the next generation.

Why shouldn't the government collect capital gains taxes on estates
that are in excess of a few million dollars? It isn't any different
that the deceased selling the asset and paying capital gains taxes
while they are still alive. If the asset transfers to new owners at
death, why should this transaction be tax exempt?


Why should they. The asset wasn't sold.

Estate taxes kick in when the estate value is in excess of several
million dollars. I don't remember the cut off point, but it is so high
that the percentage of estates that are actually affected is very
small.


Why not raise it to $50 million or $100 million.

Calling estate taxes "death taxes" make a cool sound bite that is easy
to sell to those that are ignorant and incapable of critical thinking.
The only people who benefit from the elimination of estate taxes are
the very, very wealthy. The rest of get to pick up the tab for them.
Any decent estate planner can arrange things so that the taxes are
avoided anyway.


What do you call partial birth abortion to make it sound not so cruel and
inhumane.

Air America has some good shows and some not so good shows. Rush
Scumbag, Sean Hannity, Michael Medved, and the rest of the right wing
radio filth are so full of lies and deceptions that it is pathetic. Air
America is a refreshing change to that crap.


Your opinion.

There used to be a very low limit as to the number of radio and TV
stations could be owned by any one individual or corporation. It also
didn't used to be possible to own all of the radio stations, or TV
stations, or newspapers in a geographic region. The Republicans managed
to remove these limitations. That is why Clear Channel has so many
stations in so many markets. The ones in my area run Faux (Fox)
Newsradio news. Their content is pathetic, just like their TV news is.

Air America ROCKS!!


Never listened to it. I can't afford to buy a new radio.